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Latest Silicon Valley Bank Stories

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...

2014-06-11 08:29:19

LA JOLLA, Calif. and SHANGHAI, June 11, 2014 /PRNewswire/ -- RuiYi, Inc., a global therapeutic innovation leader, announced today the close of a $4 million debt financing from Silicon Valley Bank to advance a pipeline of novel monoclonal antibodies (mAb) targeting G protein coupled receptors (GPCRs). RuiYi plans to file an IND and initiate clinical trials in multiple countries in 2015 for the company's lead asset, RYI-008, a novel anti-IL-6 mAb for rheumatoid arthritis and cancer....

2014-05-27 23:06:40

Additional capital further positions the company for global growth and expansion VANCOUVER, B.C. (PRWEB) May 27, 2014 Bit Stew Systems Inc., a world-leading provider of integrated, real-time network operations for the utility industry, announces the successful closing of a $3.5 million credit facility with Silicon Valley Bank (SVB). The support of SVB, the bank of the innovation economy and financier to thousands of startups over the past 30 years, affirms the strength of the company’s...

2014-05-15 08:42:42

New innovation platform aims to drive the growth of next generation products and services in the digital domain PALO ALTO, Calif., May 15, 2014 /PRNewswire/ -- H2 (h2.co), the premier global leadership network for the digital industry, announced today the launch of Insights (h2.co/insights), a new platform for startups and corporates to access domain expertise and market intelligence across top technology markets and entrepreneurial centers. The industry level initiative will...

2014-04-16 12:29:44

ALEXANDRIA, Va., April 16, 2014 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and Silicon Valley Bank, today announced a $7.5 million expansion to an existing $5 million term loan with Sorrento Therapeutics, Inc ("Sorrento"). Proceeds of the loan will be used to advance the development of multiple programs and platforms. "Oxford values the existing relationship it has with...

2014-04-01 08:35:46

Silicon Valley Bank and Partners for Growth Provide Debt Facilities AUSTIN, Texas, April 1, 2014 /PRNewswire/ -- Q1Media, Inc., an online advertising technology company, announced that it has secured debt facilities totaling $8 million to expand its operations. Silicon Valley Bank provided $5 million in senior debt and Partners for Growth agreed to provide $3 million for a junior debt facility. "We are pleased to enter this relationship with Silicon Valley Bank and Partners for...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
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