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Silicon Valley Bank Provides $25MM Credit Facility to A10 Networks

December 05, 2016, 07:23 AM
Filed Under: Technology

Silicon Valley Bank announced that it has provided a $25 million revolving line of credit to  A10 Networks, a leader in application networking and security. The credit facility provides A10 Networks with access to additional working capital when needed for general corporate purposes.

Greg Straughn, A10 Networks' chief financial officer, commented, "SVB is a valued partner to A10 Networks. They truly understand our business and are providing us with financing solutions and services to support our long-term growth."

"We're pleased to expand our relationship with A10 Networks," said Alina Zinchik, director for Silicon Valley Bank in San Francisco. "A10 has an impressive portfolio of application networking technologies that are allowing organizations to enhance the performance, speed and security of their data center applications and networks. Silicon Valley Bank aims to provide the optimal services, insights and solutions to support A10's growth."

For more than 30 years, Silicon Valley Bank (SVB) has helped innovative companies and their investors move bold ideas forward, fast. SVB provides targeted financial services and expertise through its offices in innovation centers around the world.

A10 Networks is a leader in application networking and security, providing a range of high-performance application networking solutions that help organizations ensure that their data center applications and networks remain highly available, accelerated and secure. Founded in 2004, A10 Networks is based in San Jose, Calif., and serves customers globally with offices worldwide.

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