Beepi racks up $5 mln

According to a post on its site, Beepi has raised $5 million in funding. Investors included Jeff Brody of Redpoint Ventures, Tina Sharkey, Brian Sharples, Rich Boyle and Silicon Valley Bank. In conjunction with the funding, Jeff Brody will join Beepi’s board of directors. Based in Los Altos, Calif., Beepi is a car marketplace that connects buyers and sellers. To read the announcement, visit here.


The Currency Cloud nabs $10 mln

The Currency Cloud has secured $10 million in Series B funding. The investors were Atlas Venture, Anthemis Group, Notion Capital, XAnge Private Equity and Silicon Valley Bank. The Currency Cloud is an international payments engine.


Food ordering platform EatStreet snaps up $6 mln

EatStreet said Tuesday that it has closed $6 million in Series B funding. The investors included Cornerstone Opportunity Partners, Independence Equity, Great Oaks Venture Capital, CSA Partners and Silicon Valley Bank. Based in Madison, Wisc., EatStreet is an online and mobile food ordering service.

Adtech firm Q1Media nabs $8 mln

Q1Media has closed $8 million in debt facilities from Silicon Valley Bank and Partners for Growth. Headquartered in Austin, Q1Media is an online adtech company.

Codero Hosting secures financing

Codero Hosting has received $8 million in financing from Silicon Valley Bank and Farnam Street Financial. The business is a provider of dedicated, managed, cloud and hybrid hosting services. closes Series B has expanded operations to Las Vegas and closed a $6 million Series B funding led by a group of investors including Vegas Tech Fund, BaseVC, Tony Hsieh, and other local Las Vegas investors. This round also included previous investors Infinity Venture Partners, SOS Ventures and Silicon Valley Bank.

Ezoic secures $5.6m Series A

Ezoic has closed a $5.6 million Series A funding round led by venture firm Balderton Capital alongside New Amsterdam Capital, Silicon Valley Bank and private investors. The company offers publishers an automatic way to improve site layout and advertising revenue.

Study Finds 87% Of Tech Startups Hiring This Year

A report by Silicon Valley Bank finds 87% of technology startups plan to hire in 2013. The Startup Outlook report is based on a survey of more than 750 startup executives in the United States and 125 in the United Kingdom. In the U.S., hiring intentions are up 14% from four years ago, when the annual survey began.

Mattson Technology Secures Revolving Credit Facility

Mattson Technology, a supplier of advanced process equipment used to manufacture semiconductors, has entered into a three-year revolving credit facility for $25 million with Silicon Valley Bank, part of SVB Financial Group. Upon closing, the company borrowed $10 million under this facility with an annual interest rate of 4.75 percent.

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