iRhythm Technologies, a digital healthcare solutions company focused on the advancement of cardiac care, amended its existing debt facility with Silicon Valley Bank. The agreement improves upon the pricing and terms of iRhythm’s existing credit...
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March 30, 2022, 08:00 AM
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Silicon Valley Bank has committed to provide at least $5 billion by 2027 in loans, investments and other financing to support sustainability efforts and the company has set a goal to achieve carbon neutral operations by 2025.“Our ability to make a...
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January 12, 2022, 07:08 AM
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Silicon Valley Bank and Plaid, a data network powering the digital financial ecosystem, announced a partnership to allow clients to instantly authenticate bank account information with Plaid and securely generate payments via a tokenized payment...
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September 17, 2021, 08:00 AM
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Petal closed a new committed debt facility - totaling more than $125 million – that will enable the company to expand and support the fast-growing Petal credit card program. Petal credit cards are issued by WebBank, Member FDIC.This new facility...
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February 25, 2021, 08:00 AM
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Car-as-a-Service provider Fair announced it has closed a $50 million debt facility from Silicon Valley Bank (SVB) to buy cars for its users—the latest in a series of many such transactions the company is making with institutional lenders as it scales...
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January 25, 2019, 09:00 AM
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Silicon Valley Bank (SVB) announced the expansion of its Energy and Resource Innovation (ERI) practice with the addition of three new project finance specialists. SVB's ERI team works with hundreds of companies across the US that are designing...
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April 12, 2018, 08:00 AM
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FSLogix, an innovator in engineering the enterprise class virtual workspace, announced that it has successfully closed a $1 million debt facility from Silicon Valley Bank. The credit facility is a working capital line of credit for up to $1 million...
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August 21, 2017, 08:00 AM
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Trucker Path, America’s popular freight-matching platform, secured $30 million debt financing from Flexible Funding with the participation of Silicon Valley Bank to scale its financial services offered to trucking companies.Trucker Path helps...
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June 20, 2017, 07:30 AM
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Xtant Medical Holdings, Inc., a firm active in the development of regenerative medicine products and medical devices, announced it has entered into an amendment to its senior credit facility with affiliates of OrbiMed Advisors for a financing of up...
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May 15, 2017, 08:00 AM
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aTyr Pharma, Inc., a biotherapeutics company engaged in the discovery and development of Physiocrine-based therapeutics to address severe, rare diseases, announced it has entered into a $20 million credit facility with Silicon Valley Bank (SVB) and...
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November 22, 2016, 07:08 AM
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B2S Holdings, Inc., the pioneer and global leader of innovative SaaS-based technology solutions for the loyalty and rewards industry, announced today that it has entered into a $37.5 million line of credit agreement with Silicon Valley Bank, the bank...
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November 08, 2016, 07:25 AM
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Vericel Corporation, a leading developer of autologous expanded cellular therapies for the treatment of severe diseases and conditions, announced that it entered into an expanded term loan and revolving line of credit agreement with Silicon Valley...
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September 13, 2016, 07:36 AM
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IPG, the recognized industry-leading provider of Device Benefit Management solutions, announced that they are expanding their long-time partnership with Silicon Valley Bank (SVB) to include $15 million in mezzanine debt financing. The new facility...
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May 04, 2016, 07:37 AM
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Ixia announced that it has increased the maximum aggregate amount available on its revolving credit facility from $75 million to $150 million and extended the term by an additional two years. The amended credit facility also includes additional...
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January 28, 2016, 07:57 AM
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Twist Bioscience, a company accelerating science and innovation through rapid, high-quality DNA synthesis, announced the completion of a $61 million Series D private financing. In conjunction with this financing round, the company secured a debt...
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January 20, 2016, 07:44 AM
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Sunshine Heart, Inc. has amended its debt agreement with Silicon Valley Bank to modify the requirement that the company raise $20.0 million by March 31, 2016."It is a pleasure to continue to work with Silicon Valley Bank which is well established in...
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December 09, 2015, 07:13 AM
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Envision Solar International has successfully closed a revolving line of credit with Silicon Valley Bank. The funds will be used to execute on the company's existing and future orders for EV ARC™ and Solar Tree® products."Closing this line of credit...
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November 09, 2015, 07:48 AM
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TransEnterix announced that it has expanded its existing financing agreement with Oxford Finance LLC (“Oxford”) and Silicon Valley Bank (“SVB”) to provide for up to $30.0 million in growth capital, an increase from $25.0 million.“We are pleased to...
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August 18, 2015, 07:29 AM
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Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and Silicon Valley Bank announced the closing of a credit facility, including a $13.5 million senior secured term loan and a $1.5...
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July 31, 2015, 07:04 AM
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Ixia announced that it has amended its existing credit agreement and secured a new three-year, $100 million credit facility. Effective March 2, 2015, the company’s credit agreement provides for a revolving credit loan of up to $60 million and a term...
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March 04, 2015, 07:20 AM
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HTG Molecular Diagnostics ("HTG") announced that it has closed a growth capital term loan facility with Silicon Valley Bank and Oxford Finance (SVB/Oxford). The loan facility provides HTG with up to $16 million of available proceeds, with $11 million...
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August 29, 2014, 07:27 AM
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Relypsa, Inc., a biopharmaceutical company, announced it has secured a loan facility of up to $35 million with Oxford Finance LLC ("Oxford") and Silicon Valley Bank ("SVB").Under the terms of the agreement, the company immediately drew $15 million...
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June 03, 2014, 07:19 AM
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Mavenir Systems, a provider of software-based networking solutions,announced the repayment of the outstanding balance of $15.0 million plus accrued interest on March 5, 2014 on its 2013 subordinated loan facility, using funds received in its recent...
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March 10, 2014, 07:36 AM
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Intellicheck Mobilisa, Inc., a global leader in identity solutions and wireless security systems, has signed a new one-year revolving credit facility for $2 million with Silicon Valley Bank, replacing its previous credit facility with that bank. The...
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November 04, 2013, 07:44 AM
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Stereotaxis, Inc. has completed the renewal of its revolving credit facility with Silicon Valley Bank (SVB). Under an amended credit agreement, Stereotaxis will extend its $3 million asset based revolving line of credit with SVB through March 31...
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September 03, 2013, 07:24 AM
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Cytori Therapeutics entered into a four-year, $27 million term loan with Oxford Finance Corporation and Silicon Valley Bank. The loan provides for an interest-only payment period of at least 12 months with the potential to be extended up to 18 months...
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July 02, 2013, 07:07 AM
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Augme Technologies, Inc., a technology leader in mobile marketing and advertising, secured an accounts receivable credit facility from Silicon Valley Bank. The revolving loan credit facility has a two-year term and allows Augme to borrow up to $5...
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May 10, 2013, 09:32 AM
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Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced the closing of an $11 million round of debt financing for CardioFocus. The credit facility was awarded to CardioFocus...
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May 02, 2013, 08:04 AM
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Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, closed a $30 million round of debt financing for Halozyme Therapeutics, Inc. Silicon Valley Bank also participated in this...
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January 17, 2013, 07:47 AM
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