DENVER--(BUSINESS WIRE)--

CIBC Innovation Banking announced today that it has provided growth financing to support zLinq, a leading provider of telecommunications lifecycle management solutions to enterprise clients.

zLinq helps IT teams select, deploy, manage and optimize telecommunications, including voice and data assets. This financing will enable the development of a new product, named Telfinity, that creates an abstraction layer between complex telecom providers and IT teams.

“Enterprises must elevate their telecom tooling to support new paradigms of interaction and AI-ready networks. This makes zLinq’s mission of transforming the telecom experience even more relevant today, and Telfinity positions us to do it at scale,” said Tatiana Finkelsteyn, CEO and Founder of zLinq. “With this funding, we are building the next evolution of enterprise telecom management, giving clients greater transparency, more control, and unprecedented value from their partnership with zLinq.”

"CIBC Innovation Banking is excited to support zLinq in its growth trajectory,” said Andrew Schwartz, Managing Director, CIBC Innovation Banking. “The company is well-positioned to continue to scale and support enterprises as their telecommunication needs continue to evolve."

About CIBC Innovation Banking

CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed, including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. Innovationbanking.cibc.com

About zLinq

zLinq provides an overlay telecommunications lifecycle management solution that addresses common industry pain points including poor customer service, lack of transparency, complex processes, and high costs. Partnering with mid-size enterprise clients, zLinq acts as a vendor-neutral extension of their IT teams to manage all aspects of Wide Area Networks, Unified Communications, and Contact Centers. The company’s services include Inventory Management Software, Optimization, Staff Augmentation, Advisory, and Invoice Processing. zLinq has helped numerous enterprise clients reduce costs, increase efficiencies, and improve performance. Recognized with multiple awards for growth, employee culture, and innovation, zLinq is headquartered in Denver, CO. Learn more at https://zlinq.com.

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Source: CIBC Innovation Banking