April 29, 2008

Cortera Raises $8 Million in Funding Round Led By CIBC

Jason Kincaid

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Cortera, a company that specializes in affordable solutions for business and corporate intelligence, has raised $8 Million in a round led by CIBC Capital Partners, Fidelity Ventures, and Battery Ventures.

Cortera (formerly eCredit) makes Quicklook, a service that provides information relevant to credit analysis, and TREE, a navigational tool that visually represents a company’s organization. Cortera has created a comprehensive database of nearly every company in the United States, with related analytics for each.

Fidelity Ventures acquired Cortera in 2006, and along with Battery, has provided $11 million in growth capital.

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