CIBC Innovation Banking Provides $50 Million Debt Facility to Terminus to Accelerate Growth
01 Novembro 2021 - 10:00AM
Business Wire
CIBC Innovation Banking is pleased to announce a debt facility
of $50 million for Atlanta and Indianapolis-based Terminus Software
(“Terminus”), a leading account based marketing platform. Terminus
will use the capital to aid in M&A transactions, international
expansion, and future product development. This includes its recent
acquisition of Zylotech, a B2B customer data platform, now known as
Terminus CDP.
“The CIBC Innovation Banking team has provided incredible
support to our team at Terminus,” said Tim Kopp, Terminus CEO and
Chairman. “We’re grateful for their continued backing through our
rapid international expansion and product innovation.”
The Terminus Customer Data Platform (CDP) enables customers to
continuously cleanse go-to-market data and automatically discover
new buying committees at their target accounts. With the
acquisition of Zylotech, Terminus is now the only ABM platform with
a standalone CDP purpose-built for B2B. This marks the company’s
fourth acquisition in the past three years.
“Terminus has a very strong competitive positioning in the
account based marketing sector,” said Andy Kirk, Managing Director
in CIBC Innovation Banking’s Atlanta office. “We are excited to see
the company scale and look forward to continuing to support their
growth.”
Earlier in 2021, Terminus raised its Series C of $90 million and
now has over 300 employees worldwide. The Company is backed by a
strong syndicate of investors including Great Hill Partners.
About CIBC Innovation Banking
CIBC Innovation Banking delivers strategic advice, cash
management and funding to innovation companies across North
America, the UK, and select European countries at each stage of
their business cycle, from start up to IPO and beyond. With offices
in Atlanta, Austin, Boston, Chicago, Denver, London, Menlo Park,
Montreal, New York, Reston, Toronto and Vancouver, the team has
extensive experience and a strong, collaborative approach that
extends across CIBC’s commercial banking and capital markets
businesses in the U.S. and Canada.
About Terminus
Terminus is the only account-based engagement platform built to
deliver more pipeline and revenue through multi-channel
account-based marketing (ABM). The platform, Terminus Engagement
Hub, connects the first and third-party data needed to understand
both customers and prospects, with the most robust suite of
engagement channels—including ads, chat, email, and web—available.
Terminus powers multi-channel ABM for thousands of brands globally
including DHL, G2, Outreach, and TripActions. Terminus is proud to
be a G2 leader in ABM for 13 consecutive quarters. Visit Terminus
to learn more or connect with us on Twitter and LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20211101005323/en/
Josh Burleton, josh.burleton@cibc.com, 416-304-2712
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