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Home Deal Announcements

CIBC Innovation Banking Provides Funding to CyberQP

CIBC Innovation Banking provided funding to CyberQP as the company scales its operations globally and accelerates its mission to transform how IT teams secure access and streamline operational workflows.

byBrianna Wilson
June 6, 2025
in Deal Announcements, News

CIBC Innovation Banking provided funding to CyberQP, a provider of Zero Trust Helpdesk Security solutions. The support comes as CyberQP scales its operations globally and accelerates its mission to transform how IT teams secure access and streamline operational workflows.

“With CIBC Innovation Banking’s continued support, we’re accelerating our mission to simplify helpdesk operations and elevate security standards for IT teams worldwide,” Mateo Barraza, CEO and co-founder of CyberQP, said. “This relationship has been instrumental in helping us scale innovation and deliver greater value to our customers. This latest round of financing amplifies that impact.”

“We’re proud to support CyberQP as it continues to enhance its platform and broaden its global impact,” Joe Timlin, managing director of CIBC Innovation Banking, said. “Its purpose-built approach to PAM addresses a critical and growing need across IT teams, positioning CyberQP strongly for continued success.”

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