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News Stories (36 Results) - Silicon Valley Bank

Scholar Rock, a clinical-stage biopharmaceutical company focused on the treatment of serious diseases in which protein growth factors play a fundamental role, announced the closing of a $50 million debt facility with Silicon Valley Bank and Oxford... Read Story
October 19, 2020, 08:45 AM


Beyond Meat, Inc., a food company specializing in plant-based meat, announced that it has entered into a new $150 million five-year secured revolving credit facility to support its future growth initiatives. The New Credit Facility also includes an... Read Story
April 23, 2020, 09:10 AM


Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today announced three senior hires in its specialty finance group. Emily Barron, former head of finance at Branch International, and Brian Foley, former... Read Story
January 08, 2020, 09:15 AM


Silicon Valley Bank (SVB) announced that it led a $55 million senior secured term loan to US HealthVest (USHV), a developer and operator of behavioral health facilities.The financing includes a $30 million first lien revolving line and term loan from... Read Story
April 19, 2019, 08:50 AM


Achaogen, Inc., a biopharmaceutical company developing and commercializing innovative antibacterial agents to address multi-drug resistant (MDR) gram-negative infections, announced that it has filed a voluntary petition under Chapter 11 of the... Read Story
April 16, 2019, 09:00 AM


SVB Financial Group (SVB) announced that it has entered into a merger agreement to acquire Leerink Holdings LLC (Leerink), the Boston-based parent company of Leerink Partners LLC, a leading investment bank focused on the healthcare and life science... Read Story
November 16, 2018, 07:18 AM


Sierra Oncology, Inc, a clinical stage drug development company focused on advancing targeted therapeutics for the treatment of patients with significant unmet needs in hematology and oncology, announced that it has obtained a debt facility from... Read Story
August 23, 2018, 07:12 AM


Persado, a provider of AI-generated marketing language for top global brands, unveiled the expansion of its marketing language cloud and introduced Persado One, a feature that enables personalized emotional engagement at scale. Presenting at... Read Story
October 30, 2017, 07:00 AM


MacStadium.com, a Mac hosting authority and provider of Mac Pro private cloud infrastructure-as-a-service (IaaS), announced that it has received a $3 million debt facility from Silicon Valley Bank. MacStadium recently raised a growth capital... Read Story
June 13, 2017, 07:05 AM


Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and Silicon Valley Bank announced the closing of a $20 million credit facility with Castle Biosciences, Inc., a privately held... Read Story
May 10, 2017, 07:18 AM


Sientra, Inc., a medical aesthetics company, has entered into a $15 million secured line of credit and a $5 million term loan agreement with Silicon Valley Bank (SVB). This agreement provides up to $20 million of capital to the company to be used for... Read Story
March 27, 2017, 07:00 AM


Cartiva, Inc., an Alpharetta, Ga.-based developer of innovative products for the treatment of cartilage damage and osteoarthritis, secured $8.5 million in Series E financing.The round was led by New Enterprise Associates (NEA) with participation from... Read Story
January 16, 2017, 07:33 AM


ID Watchdog, Inc., provider of consumer-facing identity theft protection and resolution services, announced today that it has entered in to a new $3.0 million credit facility with Silicon Valley Bank (the "Facility").  The Facility will consist of up... Read Story
October 03, 2016, 07:42 AM


Xtant Medical Holdings, Inc.announced the expansion of the accounts receivable revolver credit facility with Silicon Valley Bank to provide an additional $5 million in funds, making the total credit facility available, $11 million. The credit... Read Story
August 17, 2016, 07:23 AM


Verve, a leader in location-powered mobile marketing, announced that it is expanding its long-standing relationship with Silicon Valley Bank (SVB) with a new $30 million debt financing package. Growing over 50 percent annually for the past four years... Read Story
June 21, 2016, 07:26 AM


Vericel Corporation, a leading developer of patient-specific expanded cellular therapies for the treatment of severe diseases and conditions, has entered into a term loan and revolving line of credit agreement with Silicon Valley Bank, providing... Read Story
March 10, 2016, 07:38 AM


RMG Networks Holding Corporation, or RMG Networks, a leading provider of technology-driven visual communications solutions, announced it has entered into a new $7.5 million revolving credit facility with Silicon Valley Bank. The credit facility has a... Read Story
November 05, 2015, 07:14 AM


PulsePoint, a global programmatic platform for brand engagement, announced its recent $30 million debt financing from Silicon Valley Bank. The funds will be used for business expansion and future acquisitions of technology companies. This... Read Story
September 29, 2015, 07:23 AM


IronPlanet, a leading online marketplace for buying and selling used heavy equipment and trucks, has closed a new $55 million senior secured credit facility. The new facility repays a prior senior secured loan and provides additional capital for... Read Story
September 18, 2015, 08:01 AM


Hercules Technology Growth Capital announced that it has expanded into Southern California, the third largest U.S. venture capital investment region. Tim Barnes, a former Silicon Valley Bank vice president, has joined Hercules’ investment team as a... Read Story
September 17, 2015, 07:22 AM


Ocata Therapeutics, Inc. has entered into a secured term loan facility of up to $10 million with Silicon Valley Bank. Ocata received initial funding of $6 million and has a conditional option to receive an additional $4 million upon the successful... Read Story
August 20, 2015, 07:15 AM


Alvarez & Marsal (A&M) has added former Chief Information Officer (CIO) and IT executive Beth Devin, enhancing the firm’s expertise in technology services. She joins as a Managing Director based in San Francisco where she will focus on expanding the... Read Story
August 13, 2015, 07:28 AM


Flexion Therapeutics, Inc. entered into a syndicated senior secured term loan facility with MidCap Financial and Silicon Valley Bank that allows Flexion to borrow up to $30 million at an annual interest rate of 6.25 percent with a maturity of... Read Story
August 05, 2015, 07:28 AM


EndoChoice Holdings has completed the refinancing of its outstanding debt and closed on a new $58 million senior secured credit facility with Midcap Financial and Silicon Valley Bank.  The new facility consists of a $43 million term loan and a $15... Read Story
July 01, 2015, 07:34 AM


Oxford Finance and Silicon Valley Bank announced the closing of a credit facility, including a $10 million senior secured term loan and a $7 million line of credit, with Labcyte Inc. Labcyte is a global biotechnology tools company that is... Read Story
May 06, 2015, 07:34 AM


Castle Biosciences, Inc., a provider of molecular diagnostics to improve cancer treatment, announced the funding of a new credit facility with Silicon Valley Bank. The new loan provides $6 million in new capital to support Castle Biosciences’ growth... Read Story
April 15, 2015, 07:36 AM


Boingo Wireless, Inc. announced that the company entered into a new credit agreement, dated November 21, 2014, with Bank of America Merrill Lynch and Silicon Valley Bank. Bank of America Merrill Lynch will serve as the sole lead arranger and sole... Read Story
December 01, 2014, 07:53 AM


First Capital announced the hiring of Ramsey Naber, Senior Vice President, in the Factoring Western Region.  Naber will perform the role of Portfolio and Business Development Manager throughout the Western Region and will be based out of the Los... Read Story
August 19, 2014, 07:24 AM


RuiYi, Inc., a global therapeutic innovation leader, announced the close of a $4 million debt financing from Silicon Valley Bank to advance a pipeline of novel monoclonal antibodies (mAb) targeting G protein coupled receptors (GPCRs). RuiYi plans to... Read Story
June 12, 2014, 07:21 AM


Ceterix Orthopaedics, Inc., a developer of novel surgical tools for arthroscopic procedures, announced that the company has closed $18 million in new financing. Previous investors Novo A/S, Versant Ventures and 5AM Ventures participated in the round... Read Story
May 14, 2014, 07:04 AM


Gibraltar Business Capital has announced the formation of Gibraltar Technology Finance, a unit of the company that will focus on making non-dilutive growth capital available to software and technology companies across the US.  Recognizing the unique... Read Story
May 06, 2014, 07:42 AM


Response Biomedical Corp. has secured a $2.5 million term loan from Silicon Valley Bank ("SVB"). The Company will initially draw down $1.5 million of the facility, and a further $1.0 million will become available for draw down if certain financial... Read Story
February 12, 2014, 07:14 AM


Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of a $31.6 million debt financing expansion with Proteus Digital Health. The financing package, which was... Read Story
January 22, 2014, 07:39 AM


Business Capital announced the addition of banking expert  Michael Foley as senior underwriter and analyst .  He will join the credit team working with lending partners and clients to effectuate the syndication of commercial financing for small to... Read Story
October 31, 2013, 07:43 AM


Fifth Street Management LLC announced that its venture lending group, Fifth Street Technology Partners, has worked with Silicon Valley Bank ("SVB") to refinance an existing credit facility and provide additional growth capital for HealthEdge Software... Read Story
October 10, 2013, 07:23 AM


Singulex, Inc., a provider of Single Molecule Counting technology for scientific discovery and clinical testing services, announced it has secured a debt facility for up to $40 million from Oxford Finance and Silicon Valley Bank. In June 2013, the... Read Story
September 27, 2013, 07:39 AM