SVB Financial Group announced a proposed five-year, $11.2 billion community benefits plan that builds on its long-standing commitment toward helping small businesses, financing affordable housing, reinvesting in low- and moderate-income ("LMI")...
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May 21, 2021, 06:00 AM
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Nasuni, a provider of cloud file storage, announced it has secured an additional $25 million in new equity financing coupled with a $15 million debt facility to fund the company’s rapid growth. Nasuni has now raised more than $100 million in the past...
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July 16, 2020, 09:00 AM
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Orchestra BioMed, Inc., a biomedical innovation company providing high-impact solutions for large unmet needs in procedure-based medicine, announced that it has entered into a $20 million credit facility agreement with Silicon Valley Bank (SVB), the...
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December 16, 2019, 09:00 AM
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Luna Innovations Incorporated, a global leader in advanced fiber optic-based technology, announced today it has entered into a new $10 million revolving credit facility with Silicon Valley Bank (SVB). The facility is secured by both tangible and...
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October 15, 2019, 08:45 AM
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Silicon Valley Bank (SVB) announced that it has been granted a licence in Canada from the Superintendent of Financial Institutions and has opened its Canadian headquarters in Toronto. SVB may now provide in-market commercial financing solutions to...
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March 06, 2019, 09:00 AM
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XOMA Corporation, a pioneer in the discovery, development and licensing of therapeutic antibodies, announced it has entered into a flexible $20 million credit facility with Silicon Valley Bank, with availability through March 2019.“This credit...
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May 08, 2018, 08:01 AM
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Donuts Inc., a provider of high-quality, top-level domains for promoting and enhancing digital identity, announced that it has closed a $110 million credit facility led by Silicon Valley Bank, and with participation from Cadence Bank, N.A., Comerica...
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August 10, 2017, 08:00 AM
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Organogenesis Inc., a pioneer of regenerative medicine focusing on advanced wound care and surgical biologics, has entered into a revolving line of credit agreement with Silicon Valley Bank (SVB). This agreement provides $25 million of new capital to...
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April 11, 2017, 07:30 AM
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Cardiovascular Systems, Inc., a medical device company developing and commercializing innovative solutions for treating peripheral and coronary vascular disease, has entered into a credit facility with Silicon Valley Bank (SVB). This agreement...
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April 05, 2017, 07:00 AM
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Meltwater, a global leader in media intelligence solutions, announced it has closed a $60M debt funding round with Silicon Valley Bank, and Vector Capital in order to ramp up strategic acquisitions. The announcement comes as Meltwater is seeing...
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February 09, 2017, 08:00 AM
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Frankly Inc., a leading technology and monetization platform for media companies, entered into a loan and security agreement with Silicon Valley Bank on December 28, 2016. The Credit Agreement, which replaces Frankly's prior credit facility with...
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January 03, 2017, 07:19 AM
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Ignyta, Inc., a biotechnology company focused on precision medicine in oncology, announced it has secured a $42 million term loan facility from Silicon Valley Bank and Oxford Finance. Under the loan facility, the company received initial funding of...
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July 01, 2016, 08:03 AM
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Castle Biosciences, Inc., a provider of molecular diagnostics to improve cancer treatment decisions, announced the expansion of its credit facility with Silicon Valley Bank. The new $14 million overall facility refinances the existing $6 million...
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March 15, 2016, 07:51 AM
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Arcadia Biosciences, Inc., an agricultural technology company, announced the closing of a debt facility with Silicon Valley Bank, the bank of the world’s most innovative companies and their investors. The new debt facility includes a $25 million...
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January 04, 2016, 07:38 AM
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Providence Medical Technology, Inc., an innovator in tissue-sparing cervical spine technology, today announced the closing of $12 million in new financing for the company. The proceeds will be used to further commercialize and expand its portfolio of...
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August 27, 2015, 07:33 AM
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MOBI, a leading provider of managed mobility software and services to enterprises, announced the funding of a new debt facility from Silicon Valley Bank (SVB). MOBI is partnering with SVB to power its expansion and accelerate its strategic growth in...
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May 29, 2015, 07:30 AM
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Stereotaxis, Inc., a global leader in innovative technologies for the treatment of cardiac arrhythmias, announced it has extended the maturity of its revolving credit facility with Silicon Valley Bank (SVB) by three years to March 31, 2018. The...
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March 30, 2015, 07:21 AM
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Fundbox, leading cash flow optimization tool for small businesses, announced today that it has raised $40 million in Series B financing led by General Catalyst Partners. Existing Fundbox investors Khosla Ventures, Shlomo Kramer, Blumberg Capital and...
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March 20, 2015, 07:54 AM
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Lineagen, Inc., announced the closing of the second and final tranche of its $15.8 million Series C round of financing. The final tranche of $12.17 million in new equity capital was led by new institutional investor HealthQuest Capital, joined by...
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February 19, 2015, 07:33 AM
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TransEnterix, Inc., a medical device company that is pioneering the use of robotics and flexible instruments to improve minimally invasive surgery, has expanded its existing agreement with Oxford Finance LLC and Silicon Valley Bank to provide for up...
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November 04, 2014, 07:21 AM
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Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and Silicon Valley Bank, today announced a $7.5 million expansion to an existing $5 million term loan with Sorrento...
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April 17, 2014, 07:34 AM
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Cartiva, Inc., a developer of innovative solutions for the treatment of cartilage damage and osteoarthritis, has entered into a loan and security agreement with Silicon Valley Bank providing access to up to $1.5 million of capital to the Company. The...
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January 09, 2014, 06:56 AM
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Furiex Pharmaceuticals, Inc. has executed a $15 million debt financing transaction with Fred Eshelman, Pharm.D., chairman and a 27.5% shareholder of Furiex. In parallel, Furiex has also entered into a Second Amended and Restated Loan and Security...
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October 01, 2013, 07:29 AM
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CoreDial secured a $1.5 million senior debt facility from Silicon Valley Bank. The funds will be used to continue to develop CoreDial’s industry-leading service enablement platform and to fuel customer acquisition.According to Infonetics Research...
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September 05, 2013, 08:24 AM
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