Canadian Imperial Bank of Commerce invests in judicial intelligence platform, Bench IQ

Canadian Imperial Bank of Commerce (NYSE:CM [https://seekingalpha.com/symbol/CM]) (TSX:CM:CA [https://seekingalpha.com/symbol/CM:CA]) announced [https://seekingalpha.com/pr/20212755-cibc-innovation-banking-provides-growth-capital-financing-to-bench-iq] on Wednesday an investment in the AI-powered judicial intelligence platform, Bench IQ.

The unit CIBC Innovation Banking provided growth capital financing in Bench IQ's $5.3M funding round led by Battery Ventures and Inovia Capital.

Financial terms related to the funding were not disclosed.

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