SVB Provides $10MM Credit Facility to Onit

Silicon Valley Bank provided a $10 million credit facility to Onit, a provider of enterprise legal management, contract management and business process automation solutions.

SVB Provides Facility for Start Up Insurer Ethos

New life insurer Ethos started operating in the U.S. with $11.5 million in financing led by Sequoia Capital and a credit facility from Silicon Valley Bank.

SVB, Oxford Upsize Reata Pharmaceuticals Facility to $125MM

Reata Pharmaceuticals amended its loan and security agreement with Oxford Finance and Silicon Valley Bank, increasing the term loan facility from $45 million to $125 million.

SVB Closes $3.5 Facility for Knightscope

Knightscope, a developer of advanced physical security technologies, completed a new $3.5 million term loan facility with Silicon Valley Bank.

SVB Provides $30MM Facility to Rover, a network of pet sitters and dog walkers closed a $30 million credit facility with Silicon Valley Bank in addition to a $125 million investment led by T. Rowe Price.

SVB Provides $20MM Facility to XOMA

XOMA entered into a flexible $20 million credit facility with Silicon Valley Bank, with availability through March 2019.

BMO Agents $230MM Extreme Networks Facility

Bank of Montreal acted as administrative and collateral agent on a credit agreement – consisting of a $40 million five-year revolving credit facility and a $190 million five-year term loan – with Extreme Networks.

SVB Closes $75MM Facility for 10x Genomics

Silicon Valley Bank closed a new $75 million credit facility for 10x Genomics.

SVB Provides $8MM Growth Capital to Perfect Sense

Silicon Valley Bank provided a new credit facility and term loan agreement to Perfect Sense. The financing will provide up to $8 million in growth capital to accommodate projected growth and product innovation.

SVB Hires Three for Energy & Resource Innovation

Silicon Valley Bank expanded its Energy and Resource Innovation practice by hiring Kerri L. Fox, Karin Logan and Tai Pimputkar.