Financing – Plaza Ventures and Q4 Inc.

May 17, 2016

Josh Arbuckle represented Plaza Ventures with respect to a financing for Q4 Inc. A copy of the transaction press release is reproduced below.

 

Q4 Closes $22M Series B Financing to Fuel Product Sales Expansion

Funds to be used to expcapital markets platform predictive algorithms for use by public companies investors

TORONTO, May 17, 2016 /PRNewswire/ – Q4 Inc., a global leader in SaaS investor relations capital market solutions, announced today the closing of a $22 million Series B financing, bringing the Company’s total amount raised to $30 million.

 

 

This round was led by OpenText Enterprise Apps Fund (OTEAF), Information Venture Partners, HarbourVest Partners along with Emerillon Capital, Kensington Capital Partners. Series A investors Plaza Ventures Accomplice also participated. The funding will go towards exping the Company’s engineering, sales marketing teams.

“We are delighted to lead this round,” said Richard Black, General Partner at the OpenText Enterprise Apps Fund. “Our investment in Q4 reflects our belief in the tremendous market potential for their technology management’s ability to execute on their vision. With over 600 top tier customers Q4 has demonstrated their ability to deliver value to the most deming companies on a consistent basis. We are very excited about their growth prospects in the future.”

Q4 has been steadily exping their investor relations platform since 2013, which now includes investor websites, earnings webcasting, market intelligence investor CRM suite. The Company is focused on applying artificial intelligent methods such as machine learning natural language processing to provide real-time insights on institutional trading, market sentiment, volatility investor activism.

“Over the last 10 years, the market has become more complex opaque than ever before. Alternative trading systems, dark pools high frequency trading have created a challenging environment, making it almost impossible for corporates investors to understwhat is happening within the global financial markets,” said Darrell Heaps, CEO of Q4 Inc. “Our products bring simplicity to this problem help companies better understthe market, manage investor engagement communicate with the street. We are at the early stages of our vision look forward to using these funds to continue exping our platform analytics for corporate institutional clients.”

“There has been very limited innovation in investor relations technology.  Q4 is at the forefront of adopting developing new technologies, changing the user experience for its communications customers redefining intelligence methodologies to provide better insights to IROs, CFOs CEOs,” said Robert Antoniades Co-Founder General Partner of Information Venture Partners.

2015 was a watershed year for Q4, generating record client & ARR growth executing on Company’s product suite expansion. Launching in June, the new Q4 desktop will be the investor relations industry’s most integrated market intelligence, investor CRM, website webcasting platform on the market. Q4 plans to unveil this new product at the National Investor Relations Institute’s annual conference in San Diego, June 4-8, 2016.

“As we expour presence in Canada, HarbourVest is excited to partner with Q4 in this next stage of its growth path,” commented David Zug, Vice-President, HarbourVest Partners. “This dynamic team technology are poised to continue to transform the way public companies engage their shareholders.”

“We are excited to partner with Q4 at this critical inflection point in its growth,” said Raghu Bharat, Investment Manager at Emerillon Capital. “As demonstrated by their remarkable growth, this round of funding will help Q4 capitalize on global demfor their solutions, accelerate the company’s pace of product innovation.”

Q4 has over 150 employees in offices in Toronto, Chicago New York.

About Q4 Inc.
Q4 is a global leader in communication intelligence solutions to the IR market. With hundreds of Fortune 1000 brs using Q4 website, webcasting, analytics advisory solutions, we have created a full service platform that enables public companies to better connect with their investors understthe capital markets. Visitwww.q4inc.com to learn more.

About OpenText Enterprise Apps Fund
The OpenText Enterprise Apps Fund (OTEAF) was formed in 2015 invests primarily in Canadian technology companies that are building disruptive, enterprise applications that leverage the power of the internet, big data, predictive analytics mobility. OTEAF has offices in Toronto, Ontario Montreal, Quebec.www.oteaf.vc.

About HarbourVest
HarbourVest is an independent, global private markets investment specialist with more than 30 years of experience $39 billion in assets under management. The Firm’s powerful global platform offers clients investment opportunities through primary fund investments, secondary investments, direct co-investments in commingled funds or separately managed accounts. HarbourVest has more than 340 employees, including more than 90 investment professionals across Asia, Europe, the Americas. This global team has committed more than $30 billion to newly-formed funds, completed over $13 billion in secondary purchases, invested $5 billion directly in operating companies. Partnering with HarbourVest, clients have access to customized solutions, longsting relationships, actionable insights, proven results.http://www.harbourvest.com.

About Information Venture Partners
http://www.informationvp.com/

About Emerillon Capital
Based in Montreal, Emerillon Capital is a venture capital fund dedicated to investing supporting companies with strong technological expertise that are positioned in sectors with strong growth potential. It aims to accelerate commercial start-up support their expansion. Emerillon Capital invests primarily in Canada. By leveraging the network of CM-CIC Investissement, its lead sponsor, Emerillon Capital offers entrepreneurs a gateway to support their development projects in Europe. For more information, visit www.emerilloncapital.com.

 

 

Corporate, Josh Arbuckle, Transaction Press Releases