MediaValet (TSX: MVP), a Vancouver, Canada-based provider of enterprise digital asset management (DAM), video content management and creative operations software, received credit facilities from CIBC innovation Banking.
The amount of the deal was not disclosed.
The company intends to use the funds to expand operations and its development efforts.
MediaValet is a provider of software-as-a-service enterprise digital asset management (DAM), video content management and creative operations software. Built exclusively on Microsoft Azure and available across 61 Microsoft data center regions in 140 countries around the world, MV delivers enterprise-class security, reliability, redundancy, compliance, and scalability while offering the largest global footprint of any DAM solution. In addition to providing enterprise, cloud-native DAM capabilities at a global scale, desktop-to-server-to-cloud support for creative teams, and overall cloud redundancy and management for all source, WIP, and final assets, MV offers integrations into Slack, Adobe Creative Suite, Microsoft Office 365, Wrike, Drupal, WordPress and many other 3rd party applications.
The credit facilities support STG Partners’ strategic investment in the company.
FinSMEs
30/05/2024