THINQ receives $20 million in financing.

0 Comments | M2 Presswire, April, 2001

M2 PRESSWIRE-10 April 2001-THINQ: THINQ receives $20 million in financing (C)1994-2001 M2 COMMUNICATIONS LTD RDATE:09042001 THINQ Learning Solutions, a leading provider of enterprise wide corporate learning solutions, announced today it has received $20 million in financing in its fourth round of equity investment led by two prestigious venture capital firms, CIBC Capital Partners and Mellon Ventures.

Despite the economic climate, investors funded this round because of their continued confidence in THINQ's seasoned management team, their business model, and continued success in winning new customers. In addition, investors point to THINQ's product and services leadership, the company's global vision, and a proven merger and acquisition growth...