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Last updated on April 24, 2014 at 1:21 EDT

Latest Silicon Valley Bank Stories

2011-09-13 07:00:00

ATLANTA, Sept. 13, 2011 /PRNewswire/ -- Silicon Valley Bank, financial partner to technology companies of all sizes worldwide, completed a $9 million debt financing deal for The Rainmaker Group, the leading software as a service provider of revenue management and profit optimization solutions to multi-family housing, gaming properties and hospitality companies. Rainmaker will use the new financing to accelerate its growth. (Logo: http://photos.prnewswire.com/prnh/20100106/SF32918LOGO)...

2011-09-06 07:00:00

SANTA CLARA, Calif., Sept. 6, 2011 /PRNewswire/ -- Silicon Valley Bank, financial partner to technology and life science companies of all sizes worldwide, will host a day-long educational event for entrepreneurs in which they can learn from the successes and mistakes of other startup founders and CEOs. "Defining Moments: Inflection Points in the Life of a Startup" is Silicon Valley Bank's second annual Accelerator CEO Summit and will be Webcast from the Computer History Museum on October...

2011-08-30 07:00:00

SANTA CLARA, Calif., Aug. 30, 2011 /PRNewswire/ -- Silicon Valley Bank (SVB), the premier bank for the innovation sector, introduced a new service that will allow its clients to accept 85 different online payment types from their customers globally. With SVB's Global Treasury Platform, companies that sell their products and services globally, can collect payments in foreign currencies, and automatically deposit those funds into their SVB multi-currency or in-country accounts. SVB's card...

2011-08-25 15:00:00

SANTA CLARA, Calif., Aug. 25, 2011 /PRNewswire/ -- SVB Financial Group (SVB), the parent company of Silicon Valley Bank and financial partner to technology companies, wine businesses and venture capitalists worldwide, announced that Garen Staglin, venture capital and private equity investor and owner of the Staglin Family Vineyard, has been elected to SVB's board of directors effective August 24, 2011. (Logo: http://photos.prnewswire.com/prnh/20100106/SF32918LOGO) "Garen is a tremendous...

2011-08-01 07:30:00

BELGRADE, Mont., Aug. 1, 2011 /PRNewswire/ -- Bacterin International Holdings, Inc. (NYSE Amex: BONE), a leader in the development of revolutionary bone graft material and anti-infective coatings for medical applications, has secured a 42-month credit facility from MidCap Financial LLC and Silicon Valley Bank (SVB) that provides a line of credit up to $15 million. Bacterin received a first tranche of $7 million at closing to retire all existing indebtedness with Bridge Bank and Western...

2011-06-21 00:00:29

W4 Works with Silicon Valley Bank to Support Rapid Growth Santa Monica, CA (PRWEB) June 20, 2011 In only in its 2nd year operating, W4 has quickly taken a leading position in the results-based online advertising marketplace, drawing customers for its advertisers through social media, paid search, subscriber data and other channels. "Our plans were aggressive," says Jason Durant Walker, the young company's CEO who has been in the business for more than a decade, "but we actually outpaced...

2011-06-06 05:00:00

ATLANTA, June 6, 2011 /PRNewswire/ -- Birch Communications, a leading IP-based telecommunications and managed services provider to small- and medium-sized businesses, is pleased to announce that it has secured a $77.5 million finance package consisting of a senior term loan, a senior revolving credit facility, a tranche of subordinated debt, and a provision for up to a $7.5 million leasing facility. Birch will use this new financing to repay outstanding indebtedness, fund future...

2011-06-02 06:00:00

SAN DIEGO, June 2, 2011 /PRNewswire/ -- Sequenom, Inc. (NASDAQ: SQNM), a life sciences company providing innovative genetic analysis solutions, today announced it and its subsidiary Sequenom Center for Molecular Medicine® (Sequenom CMM) have secured a $30.0 million financing commitment from Silicon Valley Bank's San Diego-based team. Sequenom will use proceeds from the facility to support the development and commercialization of new products and other near term growth...

2011-06-01 07:00:00

SANTA CLARA, Calif., June 1, 2011 /PRNewswire/ -- Silicon Valley Bank (SVB), the premier bank for companies in the technology, life science, venture capital and premium wine industries, announced today it is the first bank to make chip-enabled, or Smart, credit cards available to businesses in the U.S. Beginning today, SVB clients can apply for the new chip and signature World Elite(TM) MasterCard® for Business with EMV chip technology. (Photo:...

2011-05-25 08:00:00

MENLO PARK, Calif., May 25, 2011 /PRNewswire/ -- Morgenthaler Ventures, a leading venture capital firm, announced today a nationwide contest called "DC to VC: HIT Startup Showcase" to find the best startup ideas in health information technology (HIT). The competition is open to any US entrepreneur seeking seed or Series-A funding for startups that are applying cutting-edge technology to improve the quality and delivery of healthcare. Applications are being accepted today through August 9,...