Quantcast
Last updated on April 21, 2014 at 1:20 EDT

Latest Silicon Valley Bank Stories

2012-11-14 12:29:41

SAN JOSE, Calif., Nov. 14, 2012 /PRNewswire/ -- Deloitte has honored Steve Jurvetson, managing director at DFJ, as Silicon Valley Venture Capitalist of the Year, the first of what will become an annual award. The honor, sponsored by Deloitte, Cooley LLP, CTPartners, Silicon Valley Bank and Wells Fargo Insurance Services, is presented to a venture capitalist with an impressive track record of identifying, developing and encouraging emerging businesses. (Logo:...

2012-09-18 22:21:09

IRVINE, Calif., Sept. 19, 2012 /PRNewswire/ -- Aviir Inc., a biotechnology company dedicated to the prevention of cardiovascular disease through innovative laboratory tests, announced today that it has secured $5 million in growth debt capital and a $3 million line of credit on receivables from Silicon Valley Bank to accelerate commercialization activities and infrastructure build-out for its cardiac risk assessment portfolio of laboratory tests targeted at fostering cardiac disease...

2012-09-12 06:36:20

SAN FRANCISCO, Sept. 12, 2012 /PRNewswire/ -- Zendesk, the proven cloud-based customer service software provider, today announced the completion of $60 million of new financing. "This new funding allows us to invest aggressively in global expansion, top-notch talent, and technology innovation," said Mikkel Svane, Zendesk CEO and founder. "Today's introduction of the 'new Zendesk' demonstrates how we are changing the face of customer service forever." Redpoint Ventures led the $45 million...

2012-09-12 06:31:55

ALEXANDRIA, Va., Sept. 12, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced a $15 million round of debt financing for XDx, Inc. Silicon Valley Bank acted as co-lender in this transaction. Proceeds of the loan will be used for working capital and to fund the development of new diagnostic applications using XDx's molecular expression technology. "XDx is a pioneer in the...

2012-09-04 02:37:23

PRINCETON, N.J., Sept. 4, 2012 /PRNewswire/ -- Snap MyLife, Inc., a fast-growing developer of cloud-service mobile applications for consumers, today announced that the company has received a $3 million term loan from Silicon Valley Bank. Snap MyLife, Inc. will use the cash infusion to drive ongoing growth and customer acquisition initiatives. The current term loan is the latest transaction in a long-term partnership. A top tech company financer, Silicon Valley Bank has extended debt to Snap...

2012-07-25 02:27:21

CUPERTINO, Calif., July 25, 2012 /PRNewswire-Asia/ -- Borqs International Holding Corp (Borqs), a leading global end-to-end Android+ and cloud software solutions provider, was selected as one of the AlwaysOn Global 250 Top Private Companies at the "Silicon Valley Innovation Summit 2012" held on July 23 at the Computer History Museum. This is the second year running that Borqs has received this distinction. The AlwaysOn Global 250 Top Private Companies are awarded each year by global...

2012-07-19 02:26:31

SANTA CLARA, Calif., July 19, 2012 /PRNewswire/ -- Silicon Valley Bank, financial partner to technology and life science companies and their investors worldwide, released a study today that examines the merger and acquisition behavior of private, venture capital-backed biotech and medical device companies. (Photo: http://photos.prnewswire.com/prnh/20120719/SF42867) (Logo: http://photos.prnewswire.com/prnh/20100106/SF32918LOGO) Based on an analysis of private merger or acquisition...

2012-06-21 06:23:39

ALEXANDRIA, Va., June 21, 2012 /PRNewswire/ -- Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, today announced it was the lead lender for a $30 million debt facility to Avanir Pharmaceuticals, Inc. Silicon Valley Bank also participated in this transaction. Proceeds of the loan will be used for the expansion of the company's product line and working capital. "Avanir Pharmaceuticals' seasoned management...

2012-06-12 02:22:47

SAN FRANCISCO, June 12, 2012 /PRNewswire/ -- Big announcements were not limited to just WWDC this week. GWC, the company behind the Global Mobile Internet Conference (GMIC), the largest mobile Internet conference in Asia, announced that it would hold its first GMIC Silicon Valley (www.gmic-sv.com) conference in the San Jose Convention Center on October 19th-20th. The event will bring together an expected 5,000 mobile executives, entrepreneurs, investors, and developers from around...

2012-06-10 22:21:08

LONDON and SANTA CLARA, Calif., June 11, 2012 /PRNewswire/ -- Silicon Valley Bank, financial partner to the technology, life science, cleantech, private equity and venture capital industries, opened a full service commercial banking branch in London today to serve both local and international businesses. The first US bank to open a commercial banking branch in the UK in several years, Silicon Valley Bank is offering a full suite of products and services to innovation businesses in the UK,...