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Stock impact report

CIBC Innovation Banking Provides Growth Capital to Skedda

Canadian Imperial Bank of Commerce (CM) 
Last canadian imperial bank of commerce earnings: 2/26 05:53 am Check Earnings Report
Company Research Source: Business Wire
BOSTON--(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 Show less Read more
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