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Latest Silicon Valley Bank Stories

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...

2014-03-27 08:39:28

Halo Report Reveals Angel Group Investment Trends for Full Year 2013 KANSAS CITY, Mo., SANTA CLARA, Calif. and NEW YORK, March 27, 2014 /PRNewswire/ -- The Angel Resource Institute (ARI), Silicon Valley Bank (SVB) and CB Insights released the 2013 Halo Report today, which finds angel activity on the rise with more high-valuation deals closed in 2013 than the previous year. While median round sizes held steady at $600K per deal, they were at a three year high when angels co-invested...

2014-03-06 12:20:32

ANN ARBOR, Mich., March 6, 2014 /PRNewswire/ -- Advanced Photonix, Inc.(®) (NYSE MKT: API) (the "Company", "API", "we", "us" or "our") today announced that it has reached an agreement with each of Silicon Valley Bank ("SVB") and Partners for Growth III, L.P. ("PFG" and together with SVB, the "Lenders" and each a "Lender") to waive past covenant violations under the Company's respective loan and security agreements with SVB (the "SVB Loan Agreement") and PFG (the "PFG Loan Agreement" and...

2014-02-14 12:27:42

Commerce.Innovated.(TM) Accepting Applications Until February 21 SANTA CLARA, Calif., Feb. 14, 2014 /PRNewswire/ -- Silicon Valley Bank, financial partner to the global innovation economy, and MasterCard introduce Commerce.Innovated.(TM), a customized commerce accelerator program that will help a select group of commerce focused startups access operational and technology expertise to effectively advance their go-to-market commerce platforms. Established by experts in the global payments...

2014-01-28 23:22:17

Silicon Valley Bank (SVB) and Farnam Street Financial financing enables Codero to deploy new data centers across the U.S. and Europe and expand its hosting portfolio to serve more customers and multiple data center locations. Austin, TX (PRWEB) January 28, 2014 Codero Hosting (http://www.codero.com), a leading provider of dedicated, managed, cloud and hybrid hosting services, today announced that it received $8 million in financing from Silicon Valley Bank (SVB) and Farnam Street...

2014-01-22 08:32:47

Halo Report Reveals Angel Group Investment Trends KANSAS CITY, Mo, SANTA CLARA, Calif. and NEW YORK, Jan. 22, 2014 /PRNewswire/ -- The Angel Resource Institute (ARI), Silicon Valley Bank (SVB) and CB Insights released the Q3 2013 Halo Report today, a national survey of angel group investment activity, which finds median round sizes down to $520K per deal, healthcare round sizes up and a larger share of deals and investment dollars going to mobile companies. Together Internet,...

2014-01-13 23:04:43

Industry leader secures line of credit from Silicon Valley Bank to support growing portfolio. Austin, TX (PRWEB) January 13, 2014 Volusion, Inc., the leading provider of ecommerce software and services, today announced it has completed a $35 million debt financing with Silicon Valley Bank to expand its portfolio of best-in-class solutions. This financing will be utilized to accelerate the continued enhancement and development of the Volusion platform, designed to meet the needs of...

2014-01-06 08:30:50

SANTA CLARA, Calif., Jan. 6, 2014 /PRNewswire/ -- Silicon Valley Bank, the premier financial partner to innovative companies of all sizes and their investors worldwide, hired Claire Lee to lead its 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, Claire is responsible for Silicon Valley Bank's relationships...


Word of the Day
monteith
  • A large punch-bowl of the eighteenth century, usually of silver and with a movable rim, and decorated with flutings and a scalloped edge. It was also used for cooling and carrying wine-glasses.
  • A kind of cotton handkerchief having white spots on a colored ground, the spots being produced by a chemical which discharges the color.
This word is possibly named after Monteith (Monteigh), 'an eccentric 17th-century Scotsman who wore a cloak scalloped at the hem.'
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