Investor relations platform Q4 raises $50 mln in Series C round

Q4 Inc, a Toronto-based provider of cloud-based investor relations (IR) and capital market solutions, has raised close to $50 million (US$38 million) in a Series C financing. The round was led by U.S. private equity firm Napier Park Financial Partners and joined by existing investors, including OpenText Enterprise Apps Fund, Information Venture Partners and Espresso Capital. Founded in 2006 and led by CEO Darrell Heaps, Q4 provides a range of IR solutions, such as analytics, CRM, website, webcasting and professional services, to help customers better communicate with investors. It said the funds raised will be used to further develop the platform, expand global sales and marketing, and pursue acquisitions.

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