Toronto-based Q4 Web Systems, a leading provider of SaaS-based investor relations solutions, has announced that it has raised $5 million in a round of funding led by Plaza Ventures. Other investors that participated in this round include Atlas Venture and Silicon Valley Bank.
Q4 will be using the funds towards expanding its product, engineering, and sales teams. Q4 has seen triple-digit growth fueled by customers including nearly 20% of the S&P 500.
“Our fantastic team of innovative and creative talent are the key to our ability to design and launch a series of successful web and mobile products, allowing us to expand our platform to also provide webcasting and market intelligence solutions,” said Q4 founder and CEO Darrell Heaps. “It’s an exciting time for Q4 and this funding will help us scale our product design and engineering teams and continue to build a great company for the long-term.”
Q4 added 46 new hires in North America in the past year. The company has recently doubled its office space to an 8,000 square foot brick and beam open-concept layout.
