CIBC Innovation Banking Provides Growth Capital to Skedda
14 März 2024 - 2:00PM
Business Wire
CIBC Innovation Banking announced today that it has provided
growth financing to Skedda, a leading global space management and
scheduling platform focused on serving employees in today’s hybrid
work environment. This funding will drive product innovation and
further fuel Skedda’s global expansion.
Skedda’s product serves customers across multiple verticals
including workplaces and universities, with functionality including
interactive floorplans, space booking, visitor management, rich
usage analytics, and more.
“We’re excited to work with CIBC’s Innovation Banking team to
accelerate Skedda’s product innovation and fuel our non-stop effort
to provide our customers with a world-class workplace management
platform that enables them to solve their hybrid work challenges,”
said Michael Records, VP of Finance, Skedda.
“We’re thrilled to be working with Skedda as it solves a new
pain point that emerged from the post-pandemic hybrid work
environment,” said Brittany Blanco, Director, CIBC Innovation
Banking. “The platform is well positioned to help clients manage
the future of working teams efficiently.”
About CIBC Innovation Banking
CIBC Innovation Banking delivers strategic advice, cash
management and funding to innovation companies across North
America, the UK, and select European countries at each stage of
their business cycle, from start up to IPO and beyond. With offices
in Atlanta, Austin, Boston, Chicago, Denver, Durham, London, Menlo
Park, Montreal, New York, Reston, Seattle, Toronto and Vancouver,
the team has extensive experience and a strong, collaborative
approach that extends across CIBC’s commercial banking, private
banking, wealth management and capital markets businesses.
About Skedda
Skedda is a leading global space management and scheduling
platform, serving over 7,000 customers and nearly two million
users, including Siemens, Mercedes-Benz, and Harvard University.
The company is a key player in helping to define the future of the
workplace experience, helping businesses design meaningful,
seamless, fully-integrated employee experiences and interactions in
the hybrid workplace. Today, the product serves customers with
interactive floorplans, space booking, visitor management, rich
utilization analytics, as well as integrations with Microsoft365
and Google Workspace. Each year Skedda wins awards from G2,
Capterra, and SoftwareAdvice.
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version on businesswire.com: https://www.businesswire.com/news/home/20240314252371/en/
Beth McKay, beth.mckay@cibc.com, 416-552-1391
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