Posted on: May 21, 2012 by Luisa Beltran
Avail-TVN has received $100 million in financing from investors including The Carlyle Group. Carlyle, which will be Avail-TVN’s largest investor, is putting in $50 million equity, a source says. Silicon Valley Bank, RBS Citizens and Bank of America, which are providing debt financing, are responsible for the other $50 million, the person says. Avail-TVN provides [...]
Tags: Avail-TVN, Bank of America, Carlyle Group, RBS Citizens, Silicon Valley Bank
Posted on: April 26, 2012 by Connie Loizos
San Diego, Calif.-based telehealth provider Independa has raised a $750,000 convertible note funding to add to $1.6 million the company had raised from Miramar Venture Partners and City Hill Ventures, along with individual investors, last September. At the time, the company had also received $200,000 in debt financing from Silicon Valley Bank. The company is [...]
Tags: City Hill Ventures, Independa, Miramar Venture Partners, Silicon Valley Bank
Posted on: April 16, 2012 by Angela Sormani
InnoSpring, a Silicon Valley-based US-China technology startup incubator, has launched, welcoming its first intake of 12 technology startup companies to its 13,500-square-feet facilities in Silicon Valley. The incubator has also announced the launch of the InnoSpring Seed Fund. Formed by a strategic partnership between Tsinghua University Science Park, Shui On Group, Northern Light Venture Capital [...]
Tags: InnoSpring, Northern Light Venture Capital, Shui On Group, Silicon Valley Bank, Tsinghua University Science Park
Posted on: April 4, 2012 by Mark Boslet
SugarCRM said it raised $33 million in equity and debt financing in a round led by New Enterprise Associates and joined by new investors Silicon Valley Bank and Gold Hill Capital. Existing investors Draper Fisher Jurvetson and Walden International also participated. NEA Venture Partner Brooke Seawell joined the board. PRESS RELEASE SUGARCRM COMPLETES $33 MILLION FINANCING ROUND FOR [...]
Tags: Draper Fisher Jurvetson, Gold Hill Capital, New Enterprise Associates, Silicon Valley Bank, SugarCRM, Walden International
Posted on: March 13, 2012 by Angela Sormani
Internet video network Blip has appointed Kelly Day, EVP and general manager of Digital Media and Commerce of Discovery Communications, as CEO. In her new role, Day will take responsibility for the company’s next phase of growth and will report directly to Blip’s board of directors and, will herself, become a member of the board. [...]
Tags: Bain Capital Ventures, Canaan Partners, Silicon Valley Bank
Posted on: January 31, 2012 by Angela Sormani
SnagFilms has closed a seven-figure financing round to accelerate its growth plans. All current investors participated, including New Enterprise Associates and Comcast Interactive Capital , along with two new investors: media and Internet executive Terry Semel and David Fialkow, co-founder and managing director of General Catalyst Partners. The company has also arranged its first debt [...]
Tags: Comcast Interactive Capital, General Catalyst Partners, New Enterprise Associates, Silicon Valley Bank
Posted on: January 19, 2012 by Connie Loizos
Chicago-based Channel IQ, an online pricing intelligence firm that helps manufacturing and retailing partners like Panasonic and Harmon Kardon monitor their online pricing promotions, has received a line of credit from Silicon Valley Bank in Santa Clara, Calif. The company previously closed an undisclosed amount of Series A funding at the end of 2010. PRESS [...]
Tags: Channel IQ, Silicon Valley Bank
Posted on: January 19, 2012 by Angela Sormani
Vitae Pharmaceuticals has secured a $15 million round of debt financing from Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies and Silicon Valley Bank. The funds will be used to support the progress of Vitae’s drug pipeline, which includes treatments for chronic kidney disease, diabetes, Alzheimer’s [...]
Tags: Oxford Finance, Silicon Valley Bank
Posted on: January 13, 2012 by Connie Loizos
Tsinghua University Science Park (TusPark), Shui On Group (Shui On), Northern Light Venture Capital (NLVC) and Silicon Valley Bank (SVB) have jointly partnered to create InnoSpring, a Silicon Valley-based Sino-American incubator focused on nurturing start-ups for cross-border successes. PRESS RELEASE: In response to the increasing demand of technology start-ups seeking business support to expand into [...]
Tags: Northern Light Venture Capital, Shui On Group, Silicon Valley Bank, Tsinghua University Science Park, TusPark
Posted on: January 4, 2012 by Angela Sormani
Silicon Valley Bank, financial partner to the innovation sector and the premium wine industry, is expanding its operations to Arizona. SVB will open a new IT and operations facility in Tempe in 2012. PRESS RELEASE Silicon Valley Bank (SVB), financial partner to the innovation sector and the premium wine industry, is expanding its operations to [...]
Tags: Silicon Valley Bank