TORONTO–(BUSINESS WIRE)–CIBC Innovation Banking introduced at this time that it has supplied credit score amenities to help STG’s strategic funding in Vancouver-based MediaValet Inc., a number one supplier of enterprise digital asset administration (DAM), video content material administration and artistic operations software program.
The profitable completion of this transaction marks an necessary second within the evolution of MediaValet. Having the suitable possession construction and banking companions is foundational to delivering our best-of-breed HotDAM mission. By selecting CIBC Innovation and STG, I’m assured that we’ve got established a top-tier monetary platform for achievement. This provides our clients confidence that we’ll proceed advancing our revolutionary best-of-breed DAM to speed up their content material at scale with the moment ROI that comes from empowering their staff to be 10x entrepreneurs, stated Rob Chase, President and Chief Govt Officer of MediaValet.
We’re thrilled to help MediaValet because it continues its development and management in DAM, a vital software program class for content material targeted enterprises, stated Niramay, Director, CIBC Innovation Banking. MediaValet’s market main product providing is spectacular, and we’re excited to work with STG and the MediaValet administration staff by means of their subsequent part of development.
About CIBC Innovation Banking
CIBC Innovation Banking delivers strategic recommendation, money administration and funding to innovation corporations throughout North America, the UK, and choose European international locations at every stage of their enterprise cycle, from begin up to IPO and past. With places of work in Atlanta, Austin, Boston, Chicago, Denver, Durham, London, Menlo Park, Montreal, New York, Reston, Seattle, Toronto and Vancouver, the staff has in depth expertise and a powerful, collaborative method that extends throughout CIBC’s business banking, personal banking, wealth administration and capital markets companies.
About MediaValet
MediaValet stands on the forefront of the enterprise, cloud-native, software-as-a-service digital asset administration video content material administration, and artistic operations industries. Constructed solely on Microsoft (NASDAQ:) Azure and out there throughout 61 Microsoft information heart areas in 140 international locations around the globe, MV delivers unparalleled enterprise-class safety, reliability, redundancy, compliance, and scalability whereas providing the most important international footprint of any DAM answer. Along with offering enterprise, cloud-native DAM capabilities at a worldwide scale, desktop-to-server-to-cloud help for artistic groups, and total cloud redundancy and administration for all supply, WIP, and closing belongings, MV gives industry-leading integrations into Slack, Adobe (NASDAQ:) Inventive Suite, Microsoft Workplace 365, Wrike, Drupal, WordPress and plenty of different best-in-class third celebration functions.
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Beth McKay, beth.mckay@cibc.com, 416-552-1391
Supply: CIBC Innovation Banking