Quantum Metric Secures $25M in Debt Financing
Summary
Quantum Metric, a Colorado Springs, CO-based SaaS platform for organizations to build digital products, secured up to $25m of debt capital from Silicon Valley Bank (SVB). With its initial Series A round led by Insight Partners in 2018 and the closing of this facility, Quantum Metric has raised $50m in capital over the span of 24 months. The new funds will allow the company to continue building out its product and customer support teams, expanding its presence in EMEA, and investing in new R&D initiatives. Led by Mario Ciabarra, CEO, Quantum Metric provides a technology platform for businesses to capture customer behaviors and technical issues and prioritize product decisions based on real-time data.
Funding
Amount
$25.0M
Total raised
Date
October 7, 2020
Announcement date
Investors
-
Lead investors
Company
http://www.quantummetric.com
Funded company
Classifications
industries
Fintech & Banking
applications
Data Management
AskAI Classifications
Labels
SaaS
Data Storage Software
Data Management Software
Linked Companies
Quantum
$50M to $100M
Quantum Metric
$50M to $100M