CytRx Corporation, a biopharmaceutical research and development company specializing in oncology, has entered into a long-term loan and security agreement with Hercules Technology Growth Capital, Inc. and Hercules Technology III, L.P. for up to $40...
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February 09, 2016, 07:27 AM
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Zosano Pharma Corporation has secured $15.0 million in debt financing through Hercules Technology Growth Capital, Inc. Zosano amended its existing secured-term loan facility with Hercules to increase the total loan amount to $15.0 million, with an...
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June 30, 2015, 07:10 AM
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Hercules Technology Growth Capital, Inc. announced the appointment of Mark Harris as Chief Financial Officer of the Company, effective August 1, 2015.In addition to leading Hercules’ finance and accounting groups, Harris will also oversee the...
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June 11, 2015, 07:43 AM
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Genocea Biosciences, Inc., a company developing T cell-directed vaccines and immunotherapies, announced that it has entered into a loan and security agreement with Hercules Technology Growth Capital, Inc. for a term loan of up to $27.0 million."This...
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November 24, 2014, 07:14 AM
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CareCloud, a provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, announced that it has received a $25.5 million debt financing commitment from Hercules Technology Growth Capital...
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June 26, 2014, 07:36 AM
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Alimera Sciences, Inc., a biopharmaceutical company that specializes in the research, development and commercialization of prescription ophthalmic pharmaceuticals, announced today that its United Kingdom subsidiary, Alimera Sciences Limited (Limited)...
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April 25, 2014, 07:10 AM
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JumpStart (also known as Knowledge Adventure), a pioneering educational game developer that publishes entertaining and award-winning mobile and web products for children, announced today that it has raised $13 million in debt financing led by...
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April 04, 2014, 06:51 AM
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ADMA Biologics, Inc. announced it has secured a loan commitment for up to $15 million from Hercules Technology Growth Capital, Inc., a leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in...
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February 28, 2014, 07:19 AM
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AcelRx Pharmaceuticals has entered into a new amended and restated credit facility with Hercules Technology Growth Capital, Inc. that extends AcelRx's current relationship with Hercules, which was established in June 2011. The new Hercules credit...
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December 20, 2013, 07:19 AM
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Celsion Corporation, an oncology drug development company, announced today that it has entered into a loan agreement with Hercules Technology Growth Capital, Inc. that would permit up to $20 million in new capital distributable in multiple tranches...
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November 27, 2013, 07:46 AM
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Fitch Ratings reports that increasingly, lenders to middle-market firms, also known as business development companies (BDCs), are turning to venture lending for additional investment opportunities and enhanced yields, as declining yields on...
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November 19, 2013, 07:18 AM
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Hercules Technology Growth Capital, the leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and energy and...
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November 05, 2013, 07:17 AM
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InspireMD Inc., a leader in embolic protection stents, today announced that it has secured $10 million in venture debt financing to support expanding its ability to execute on emerging clinical research and product development efforts. The company...
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November 04, 2013, 07:25 AM
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Hercules Technology Growth Capital, Inc. announced that in response to the unprecedented demand for venture debt, the company has expanded its operations.“This is a very exciting time for our company,” said Manuel A. Henriquez, co-founder, chairman...
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September 26, 2013, 07:33 AM
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Monroe Capital LLC today announced Patrick White and Mark Solovy have joined the firm as managing directors and will lead the firm’s national technology practice. Patrick White will be based in the newly established San Francisco office.“We are very...
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September 12, 2013, 07:52 AM
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OCZ Technology Group entered into a $30 million loan and security agreement with Hercules Technology Growth Capital. This loan agreement consists of a $15 million term loan and a $15 million revolving loan facility. The company had reduced its use of...
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March 12, 2013, 07:27 AM
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