Cinchy, a Toronto, Canada-based dataware technology an data liberation company, raised $14.5M in Series B funding.
The round was led by Forgepoint Capital. Forgepoint Managing Director Leo Casusol will join Cinchy’s Board of Directors, while Reynaldo Kirton joined as an advisor.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Dan DeMers, Cinchy provides enables organizations to free data from their applications, databases, and spreadsheets and connect it within a network-based architecture that supports enterprise-wide data collaboration. Cinchy, which enables instant visibility into organizational data, offers an out-of-the-box solution that provides immediate time to value by turning abstract data concepts into actual live dataware deployments.
Companies including TD Bank, AIS, Ally Bank, and the YMCA use the platform.
FinSMEs
28/10/2022