SVB Finances $50MM for AppDynamics
According to the Wall Street Journal, Silicon Valley Bank has financed $50 million in venture debt for AppDynamics.
The funds include both mezzanine term financing and a revolving line of credit, The Wall Street Journal said.
AppDynamics is a software company whose products are used to monitor and manage large corporate software structures.
To read the full Wall Street Journal article, click here.