Tech Company Financing Transactions
Cinchy Funding Round
Cinchy, based in Toronto ON, secured $14.5 million in funding from ForgePoint Capital and private investors.
Transaction Overview
Company Name
Announced On
10/27/2022
Transaction Type
Venture Equity
Amount
$14,500,000
Round
Series B
Investors
ForgePoint Capital (Lead Investor) (Leo Casusol)
Proceeds Purpose
This investment allows Cinchy to further capitalize on the surge in global demand for data fabric and data mesh solutions that help free the enterprise from unruly application ecosystems and regain greater control of their data.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
325 Front St. West 2nd Floor 400
Toronto ON, M5V 2Y1
Canada
Toronto ON, M5V 2Y1
Canada
Phone
Website
Email Address
Overview
Cinchy is the enterprise-grade Data Collaboration platform used by technology organizations to deliver new business capabilities in half the time and cost vs. traditional approaches. Global businesses like are already using Cinchy's unique Data Fabric architecture to eliminate data fragmentation, improve data privacy and protection, and finally take control of their data.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Daniel DeMers
Chief Financial Officer
Jason Zan
Chief Technical Officer
Karanjot Jaswal
VP - Marketing
Jo-Ann Blondin
VP - Sales
Philip Kaszuba
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We do our best to record every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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