Latest Silicon Valley Bank Stories
ATLANTA, May 8, 2013 /PRNewswire/ -- Alimera Sciences, Inc. (NASDAQ: ALIM) (Alimera), a biopharmaceutical company that specializes in the research, development and commercialization of prescription ophthalmic pharmaceuticals, announced today that its United Kingdom subsidiary, Alimera Sciences Limited, has entered into a Loan and Security Agreement with Silicon Valley Bank (SVB) providing for a term loan in the principal amount of $5 million and up to an additional $15 million under a...
ALEXANDRIA, Va., May 1, 2013 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced the closing of an $11 million round of debt financing for CardioFocus. The credit facility was awarded to CardioFocus from both Oxford and Silicon Valley Bank. Funds will be used to increase the company's available capital to fund growth, while it expands its international commercialization...
New Banking Relationship Aligns Credit Facilities with Corporate Growth Strategy MILWAUKEE, April 25, 2013 /PRNewswire/ -- ARI Network Services, Inc. (OTCBB:ARIS), a leader in creating, marketing, and supporting SaaS and DaaS solutions that connect consumers, dealers, distributors, and manufacturers in selected vertical markets, announced today the closing of new senior secured credit facilities with Silicon Valley Bank. The new credit facilities are structured to help ARI better...
Tech Businesses Put Out a Call for Talent in Silicon Valley Bank's Annual Startup Outlook Survey SANTA CLARA, Calif. and LONDON, April 23, 2013 /PRNewswire/ -- Eighty seven percent of technology startups plan to hire new employees in 2013, according to an interactive report by Silicon Valley Bank, financial partner to technology, life science and cleantech companies and their investors worldwide. In the US, this is up 14% from four years ago when the annual survey began. SVB's...
Halo Report Reveals Angel Group Investment Trends for the Full Year 2012 KANSAS CITY, Mo., SANTA CLARA, Calif. and NEW YORK CITY, April 16, 2013 /PRNewswire/ -- The Angel Resource Institute (ARI), Silicon Valley Bank (SVB) and CB Insights released the 2012 Halo Report today, a national survey of angel group investment activity, as the Angel Capital Association gears up for its biggest event of the year in San Francisco this week. Infographic. The report shows angel investing for...
SANTA CLARA, Calif., March 26, 2013 /PRNewswire/ -- Silicon Valley Bank, financial partner to technology and life science companies of all sizes, launched Apple® and Android(TM) mobile banking apps for its commercial clients in the US. (Photo: http://photos.prnewswire.com/prnh/20130326/SF83267) (Logo: http://photos.prnewswire.com/prnh/20100106/SF32918LOGO) Designed specifically to help Silicon Valley Bank's technology-focused clients, the app helps users manage their finances,...
SANTA CLARA, Calif., Feb. 14, 2013 /PRNewswire/ -- Silicon Valley Bank, financial partner to technology, life science and cleantech companies worldwide, found that while the vast majority (87%) of startups are hiring, equal numbers are struggling to find enough people with the skills they need to grow. The report is derived from anecdotes from numerous startup companies and the results of Silicon Valley Bank's fourth annual Startup Outlook study, a survey of startup companies...
ALEXANDRIA, Va., Jan. 15, 2013 /PRNewswire/ -- On December 28, 2012, Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, closed a $30 million round of debt financing for Halozyme Therapeutics, Inc. (Halozyme). Silicon Valley Bank also participated in this transaction. "Oxford is very pleased to provide Halozyme capital to support its unique and innovative portfolio of products that addresses...
ST. HELENA, Calif., Jan. 15, 2013 /PRNewswire/ -- Silicon Valley Bank, a leading provider of commercial banking services to the wine industry, releases its Annual State of the Wine Industry Report in a live broadcast from SVB TV studios today. The report captures trends and addresses current issues facing the U.S. wine industry, offering unique data and observations that help wine business owners and managers think critically about their strategies. (Photo:...
SAN FRANCISCO, Dec. 31, 2012 /PRNewswire/ -- CrowdOptic, a maker of crowd-driven mobile applications, announced today that it has closed additional debt financing from Silicon Valley Bank. The company will use the financing for product and market expansion, to capitalize on runaway demand for its mobile technology, and to deliver an end-to-end mobile enterprise solution based on its core mobile enterprise technology platform. In July 2011, CrowdOptic introduced the first technology...
