Cinchy, a Toronto, CA-based data collaboration company, secured $10M in Series A financing.
The round was led by Information Venture Partners (IVP) with participation from BDC, ScaleUp Ventures, Techstars, and Manulife Investment Management.
The company intends to use the funds to expand operations and its business reach.
Co-Founded by Dan DeMers, CEO, and Karanjot Jaswal, CTO, Cinchy provides an Autonomous Data Fabric, which integrates applications using ETLs and APIs to enable global banks, telcos, public sector agencies, and healthcare providers to take control of data, cut IT delivery cost, and free data network effects to continuously accelerate digital transformation.
FinSMEs
26/05/2020