Q4 Inc., a Toronto, CA-based provider of SaaS investor relations and capital market solutions, closed a $22m Series B financing.
Backers included OpenText Enterprise Apps Fund (OTEAF), Information Venture Partners, HarbourVest Partners, Emerillon Capital, Kensington Capital Partners, Plaza Ventures and Accomplice.
The company, which has raised $30m to date, intends to use the capital to expand engineering, sales and marketing teams.
Led by Darrell Heaps, CEO, Q4 provides a SaaS-based IR communication and intelligence platform featuring investor websites, earnings webcasting, market intelligence and investor CRM suite. The company applies artificial intelligent methods such as machine learning and natural language processing to provide real-time insights on institutional trading, market sentiment, volatility and investor activism.
Q4 has over 150 employees in offices in Toronto, Chicago and New York.