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Latest Silicon Valley Bank Stories

2014-09-16 00:21:40

Partnership with Silicon Valley Bank Helps Innovation Companies Scale with Startup-Savvy Talent BOSTON and SANTA CLARA, Calif., Sept. 16, 2014 /PRNewswire/ -- Startup Institute, an immersive career accelerator geared toward cultivating startup-savvy talent, today announced a partnership with Silicon Valley Bank and an investment by SVB* of $3 million in the company to support worldwide expansion of offices and programs. The partnership will help high-growth companies in the...

2014-09-09 08:38:17

SANTA CLARA, Calif., Sept. 9, 2014 /PRNewswire/ -- Tracy Isacke has joined Silicon Valley Bank, the bank of the global innovation economy, to take on leadership of the company's Corporate Venture Relationship Group, which was established in 2009 to build connections between investment groups at some of the world's largest companies and emerging technology and life science startups. As head of the group, Isacke is responsible for Silicon Valley Bank's relationships with corporate...

2014-08-06 23:02:11

Funds to Support Product Development and International Expansion Rockville, MD (PRWEB) August 06, 2014 DrFirst, a leading provider of healthcare IT solutions designed to improve clinical outcomes for patients, today announced it has secured $10 million in debt financing from Silicon Valley Bank. This financing is an expansion of the existing relationship between DrFirst and Silicon Valley Bank. “We have a long-standing relationship with DrFirst that we’re pleased to expand on to...

2014-08-06 08:39:23

Halo Report Reveals Angel Group Investments and Valuations Climbing in 2014 KANSAS CITY, Mo., SANTA CLARA, Calif., and NEW YORK, Aug. 6, 2014 /PRNewswire/ -- The Angel Resource Institute (ARI), Silicon Valley Bank (SVB) and CB Insights released the Q1 2014 Halo Report today, a national survey of angel group investment activity. The report finds median round sizes increased to $980K per deal, and pre-money valuations rose to $2.7 million in the quarter. Investments in Internet-related...

2014-08-04 12:26:36

Silicon Valley Bank helps fuel continued expansion of Altitude's new Programmatic Video Platform DENVER, Aug. 4, 2014 /PRNewswire/ -- Altitude Digital, a leading video and display advertising technology company, announced today that it has secured a $7M credit facility from Silicon Valley Bank (SVB), a financial partner to the world's most innovative companies. Altitude Digital previously raised a growth capital round of equity financing from Mercato Partners in December of 2012....

2014-07-30 08:33:14

Silicon Valley Bank Study of Healthcare Investments and Exits Predicts Continued Strong Returns for Investors SANTA CLARA, Calif., July 30, 2014 /PRNewswire/ -- Silicon Valley Bank, the bank of the global innovation economy, released a study today that examines the merger, acquisition and IPO activity of private, venture-backed biopharma and medical device companies. According to the annual report based on 2013 data, venture investment in healthcare saw the biggest potential returns since...

2014-07-15 23:09:47

As Burr Smith becomes Chairman and CEO and Brian Dusho assumes position of Vice Chairman, BroadSign lands deal for line of credit with Silicon Valley Bank. Montreal, QC. (PRWEB) July 15, 2014 Leading provider of digital signage software and solutions, BroadSign International, LLC, today announced that its Board of Managers has appointed Burr Smith, President of BroadSign’s main shareholder, Jedfam, as Chairman and CEO. Former CEO, Brian Dusho, is assuming the position of BroadSign’s...

2014-07-01 08:29:52

Strengthens balance sheet to fund clinical programs, commercialization efforts, and continued expansion of oncogene mutation portfolio for cancer monitoring SAN DIEGO, July 1, 2014 /PRNewswire/ -- Trovagene, Inc. (NASDAQ: TROV) today announced that it has secured an unrestricted debt facility in the amount of $15 million from Silicon Valley Bank and Oxford Finance LLC. The additional capital will be used to support ongoing development and commercialization activities for the...

2014-06-24 08:39:23

ANN ARBOR, Mich., June 24, 2014 /PRNewswire/ -- Advanced Photonix, Inc.(®) (NYSE MKT: API) announced today that the Company has amended its lending agreements with Silicon Valley Bank (SVB) and Partners for Growth (PFG) given the successful firm underwriting by B. Riley of 6.2 million shares of our Class A Common Stock for net proceeds of approximately $2.9 million. http://photos.prnewswire.com/prnvar/20130304/LA69982LOGO Under the terms of the amendment, SVB agreed to extend the...

2014-06-13 16:24:19

HORSHAM, Pa., June 13, 2014 /PRNewswire/ -- Astea International Inc. (NASDAQ:ATEA), a global provider of service management and mobile workforce solutions, today announced that it has obtained a two year revolving line of credit for working capital needs from Silicon Valley Bank (SVB) for $3 million. The secured revolving line of credit is subject to a borrowing base of trade accounts receivable. Additional information on the credit facility will be made available in a forthcoming...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.