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Latest Silicon Valley Bank Stories

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:...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'karpos', fruit.
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