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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:...

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,...

2011-05-19 07:00:00

SANTA CLARA, Calif., May 19, 2011 /PRNewswire/ -- Silicon Valley Bank (SVB), financial partner to innovative technology and life science companies worldwide, released a study today that examines the merger and acquisition behavior of private, venture capital-backed biotech and medical device companies. Based on an analysis of private merger or acquisition transactions of US venture-capital backed companies (60 biotech and 58 medical device) since 2005, SVB found several conclusions about...

2011-05-17 08:00:00

SANTA CLARA, Calif., May 17, 2011 /PRNewswire/ -- Silicon Valley Bank (SVB), financial partner to innovative technology and life science companies and the venture capital firms that support them, appointed technology and life science banker Mercy Forde and hired VC fund CFO Nina Labatt for its Venture Capital and Private Equity Services team, which is dedicated to providing the financial services required by venture capital and private equity firms. Having worked closely with venture...

2011-05-09 07:00:00

SANTA CLARA, Calif. and BOULDER, Colo., May 9, 2011 /PRNewswire/ -- TechStars, a mentorship-driven seed stage investment program, added Silicon Valley Bank (SVB) as a national sponsor to help start-up companies build their business and obtain seed or venture capital financing. Silicon Valley Bank is a financial partner to technology and life science companies of all sizes worldwide. (Logo: http://photos.prnewswire.com/prnh/20100106/SF32918LOGO) "For nearly 30 years we have been...

2011-05-04 07:00:00

WINTER PARK, Fla., May 4, 2011 /PRNewswire/ -- Highwinds Capital, Inc. today announced that it has secured a new $50 million credit facility with Silicon Valley Bank and Comerica Bank. A leading provider of content delivery (CDN), network and IP services, Highwinds continues to leverage its strong market position, positive cash flow and sustained profitability in its partnerships with these well-respected financial institutions. This new credit facility allows Highwinds to achieve a more...


Word of the Day
conjunto
  • A style of popular dance music originating along the border between Texas and Mexico, characterized by the use of accordion, drums, and 12-string bass guitar and traditionally based on polka, waltz, and bolero rhythms.
The word 'conjunto' comes through Spanish, from Latin coniūnctus, past participle of coniungere, to join together; see conjoin