Q4 Web Systems Inc has received $5 million in venture capital funding. The deal was led by Canadian venture capital firm Plaza Ventures and was joined by U.S. firm Atlas Venture. Silicon Valley Bank also contributed to the financing. Based in Toronto, Q4 is a SaaS-based financial content and data analytics platform for delivering investor websites, mobile applications and intelligence to CFOs and the investor relations departments of public businesses. The company said it will use funding proceeds to expand product engineering and sales teams. Established in 2006, Q4 is led by CEO Darrell Heaps.
Q4 Web Systems Closes $5 million Venture Round to Fuel Expansion
New capital targeted towards team expansion and new product innovation.
Toronto, Ontario (PRWEB) February 24, 2015
Q4 Web Systems (Q4), the leading provider of SaaS-based investor relations solutions for public companies, announced that it has secured $5 million in new financing led by Plaza Ventures, supported by Atlas Venture and financing from Silicon Valley Bank. Q4 will use these funds towards expanding product, engineering and sales teams.
Q4 is a SaaS-based financial content and data analytics platform for delivering investor websites, mobile applications and intelligence to CFOs and the investor relations departments of public companies. With triple digit growth fueled by customers including almost 20% of the S&P 500, Q4 is redefining how public companies interact with capital markets.
Plaza Ventures invests in high-growth technology companies that look for value-added capital, and this will positively impact Q4 as the company quickly progresses and places itself at the forefront of competition. “We are excited about the tremendous momentum Q4 is demonstrating and believe that, with this investment, we can help Q4’s strong management team to accelerate the company’s growth” said Matthew Leibowitz, Partner, Plaza Ventures and new board member of Q4.
Silicon Valley Bank provides targeted financial services and expertise through its offices in innovation centers around the world. “We are pleased to work with Q4, and other innovative companies around the world,” said Tony Barkett, director of Silicon Valley Bank in Boston. “Our objective is to help the Q4 team move its business forward quickly with the right financing, connections and global services it needs as the company grows.”
“Our fantastic team of innovative and creative talent are the key to our ability to design and launch a series of successful web and mobile products, allowing us to expand our platform to also provide webcasting and market intelligence solutions” said Darrell Heaps Q4 founder and CEO. “It’s an exciting time for Q4 and this funding will help us scale our product design and engineering teams and continue to build a great company for the long-term.”
Q4 added 46 new hires in North America over the past year and has recently doubled its office space to an 8,000 square foot, brick and beam open-concept layout designed to foster collaboration and teamwork. Headquartered in Toronto’s trendy Liberty Village the office is easily accessible by highway and public transportation. With flexible hours, a flat structure, Friday socials, access to free Yoga and the free use of the Fitness Centre, Q4 is attracting new talent to meet the expanding number of its clients and to continue building new solutions.
About Q4 Web Systems
Q4 Web Systems is the leading provider of SaaS-based investor relations’ solutions for North American public companies. Focused on the best customer experience in industry, hundreds of Fortune 1000 brands including Nike, Salesforce, FedEx and McDonald’s use Q4 delivered websites, mobile applications and market intelligence solutions to redefine how they interact with capital markets. Website: http://q4websystems.com/
About Plaza Ventures
Plaza Ventures’ unique Investment Partner Program blends corporate, institutional and angel capital to fund high-growth Canadian companies and provide mentorship, connections and assistance in achieving liquidity outcomes. Plaza has invested as LP’s in early stage funds and accelerators across Canada and has completed follow-on investments in graduates from these programs. Website: http://plazaventures.ca/
About Atlas Venture
Atlas Venture is a venture capital firm specializing in investments in start-ups, seed, and early stage companies. It seeks to invest in the technology and life sciences sectors with a focus on personalized medicine, medical technologies, therapeutics, biopharmaceutical products, biology, drug discovery technologies, therapeutic platforms, innovative biomedical technologies, diagnostics, and medical devices. Within technology, the firm focuses on payments, SMB, consumer-facing innovation, emerging web service companies, next-generation media, gaming, and social technologies, enterprise and Internet infrastructure, big data and mobile infrastructure, and Internet related businesses. Website: http://www.atlasventure.com/
About Silicon Valley Bank
For more than 30 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world. With commercial, international and private banking services, SVB helps address the unique needs of innovators. Forbes named SVB one of America’s best banks (2015) and one of America’s best-managed companies (2014). Silicon Valley Bank is the California bank subsidiary and commercial banking operation of SVB Financial Group (Nasdaq: SIVB), and a member of the FDIC. Silicon Valley Bank and SVB Financial Group are members of the Federal Reserve System. Website: http://www.svb.com/
Rana Abdel Fattah
Telephone: 416-626-7829 ext. 238
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