{"id":390702,"date":"2020-12-01T09:03:29","date_gmt":"2020-12-01T14:03:29","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=390702"},"modified":"2020-12-01T09:03:29","modified_gmt":"2020-12-01T14:03:29","slug":"cibc-innovation-banking-provides-ez-texting-with-a-us13-million-growth-capital-financing","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-innovation-banking-provides-ez-texting-with-a-us13-million-growth-capital-financing\/","title":{"rendered":"CIBC Innovation Banking Provides EZ Texting with a US$13 Million Growth Capital Financing"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b><i>CIBC Innovation Banking Provides EZ Texting with a US$13 Million Growth Capital Financing<\/i><\/b><\/p>\n<p>SANTA MONICA &amp; MENLO PARK, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCIBC Innovation Banking is pleased to announce a US$13 million growth capital financing for Santa Monica-based EZ Texting, a cloud-based platform that enables small and medium sized businesses to confidently grow and keep their customers through their innovative messaging platform. EZ Texting plans to utilize this capital to continue building new product features that will bolster its platform and grow its go-to-market teams.\n<\/p>\n<p>\nEZ Texting offers promotions and marketing solutions to support businesses of all sizes along with notification solutions for non-profits and government institutions. Over 30,000 businesses and public agencies in the U.S. and Canada use the platform to ensure their customers can confidently reach and engage mobile audiences while remaining in regulatory compliance.\n<\/p>\n<p>\n&#8220;The team at EZ Texting has done a great job of growing the platform by rooting their product features into a customer\u2019s workflow engagement strategy,\u201d said Kevin Grossman, Managing Director in CIBC Innovation Banking\u2019s Denver office. \u201cWe\u2019re impressed with the growth of EZ Texting and excited to help accelerate their efforts.&#8221;\n<\/p>\n<p>\n\u201cEZ Texting is looking forward to further innovation across our Sales and Promotion, Alerts and Notifications, Customer Service and Lead Generation product sets to help small and medium businesses have meaningful engagement with their customers using text,\u201d said Norman Happ, CEO of EZ Texting. \u201cWe are excited to work with CIBC Innovation Banking to fund our strategy and growth.\u201d\n<\/p>\n<p>\nExisting investors for EZ Texting include Morgan Stanley Expansion Capital, Investor AB and ROCA Partners.\n<\/p>\n<p><b>About CIBC Innovation Banking <\/b><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.cibc.com%2Fen%2Fcommercial%2Fareas-of-specialization%2Finnovation-banking.html&amp;esheet=52336167&amp;newsitemid=20201201005149&amp;lan=en-US&amp;anchor=CIBC+Innovation+Banking&amp;index=1&amp;md5=ffcb7aa8cf2e24d390292f5c05ab0d65\">CIBC Innovation Banking<\/a> delivers strategic advice, cash management and funding to North American innovation companies at each stage of their business cycle, from start up to IPO and beyond. With offices in Atlanta, Austin, Chicago, Denver, Menlo Park, Montreal, New York, Reston, Toronto and Vancouver, the team has extensive experience and a strong, collaborative approach that extends across CIBC\u2019s commercial banking and capital markets businesses in the U.S. and Canada.\n<\/p>\n<p><b>About EZ Texting<\/b><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.eztexting.com%2F&amp;esheet=52336167&amp;newsitemid=20201201005149&amp;lan=en-US&amp;anchor=EZ+Texting&amp;index=2&amp;md5=11222d22d7548eed190c0d9e7262752b\">EZ Texting<\/a>\u202fis a SaaS company that delivers the fastest, easiest and most reliable way to connect.\u202fIt has served over 160,000 customers and is the #1 SMS platform for business users, setting the\u202fstandard for business texting. Our messaging solutions allow businesses to quickly and\u202feffectively reach and engage their mobile audiences. With employees around the world, EZ\u202fTexting is continuously recognized as a Best Place to Work, as well as a top product for small\u202fand mid-market businesses. The company is backed by Morgan Stanley Expansion Capital, Investor AB and ROCA Partners. To find out more, follow us on\u202f<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2FEzTexting&amp;esheet=52336167&amp;newsitemid=20201201005149&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=3e3afb006c51f1bfb0625b37ebf9ee7e\">Twitter<\/a>\u202fand\u202f<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Feztexting%2F&amp;esheet=52336167&amp;newsitemid=20201201005149&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=e4c910d2d6096dd6ec168356f11c2c20\">LinkedIn<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201201005149r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201201005149\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201201005149\/en\/<\/a><\/span><\/p>\n<p>\nKatarina Milicevic, <a rel=\"nofollow\" href=\"mailto:katarina.milicevic@cibc.com\">katarina.milicevic@cibc.com<\/a>, 416-586-3609\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Canada California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Technology Mobile\/Wireless Finance Venture Capital Banking Telecommunications Professional Services Small Business Software<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>CIBC Innovation Banking Provides EZ Texting with a US$13 Million Growth Capital Financing SANTA MONICA &amp; MENLO PARK, Calif.&#8211;(BUSINESS WIRE)&#8211; CIBC Innovation Banking is pleased to announce a US$13 million growth capital financing for Santa Monica-based EZ Texting, a cloud-based platform that enables small and medium sized businesses to confidently grow and keep their customers through their innovative messaging platform. EZ Texting plans to utilize this capital to continue building new product features that will bolster its platform and grow its go-to-market teams. EZ Texting offers promotions and marketing solutions to support businesses of all sizes along with notification solutions for non-profits and government institutions. Over 30,000 businesses and public agencies in the U.S. and Canada use the platform to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-innovation-banking-provides-ez-texting-with-a-us13-million-growth-capital-financing\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CIBC Innovation Banking Provides EZ Texting with a US$13 Million Growth Capital Financing&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-390702","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CIBC Innovation Banking Provides EZ Texting with a US$13 Million Growth Capital Financing - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cibc-innovation-banking-provides-ez-texting-with-a-us13-million-growth-capital-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CIBC Innovation Banking Provides EZ Texting with a US$13 Million Growth Capital Financing - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CIBC Innovation Banking Provides EZ Texting with a US$13 Million Growth Capital Financing SANTA MONICA &amp; MENLO PARK, Calif.&#8211;(BUSINESS WIRE)&#8211; CIBC Innovation Banking is pleased to announce a US$13 million growth capital financing for Santa Monica-based EZ Texting, a cloud-based platform that enables small and medium sized businesses to confidently grow and keep their customers through their innovative messaging platform. EZ Texting plans to utilize this capital to continue building new product features that will bolster its platform and grow its go-to-market teams. EZ Texting offers promotions and marketing solutions to support businesses of all sizes along with notification solutions for non-profits and government institutions. 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