Source Intelligence announced the funding of a new credit facility with Silicon Valley Bank to fuel accelerating growth of supply chain compliance solutions and expansion of the company’s global network of businesses on the cloud-based SaaS platform.

Source Intelligence attributes its growth to reliability in breaking through obstacles in authenticating the web of supply chain information to meet regulations set forth by government agencies such as the SEC, DOJ and EPA.

“The explosive number of global brands subscribing to SI’s platform is triggering significant expansion in the solutions we offer,” said Jess Kraus, CEO at Source Intelligence. “The relationship with Silicon Valley Bank and their expansive network is perfectly aligned with our forward-thinking growth plans.”

“Source Intelligence and its experienced leadership team have established an information and compliance platform that is proving to be highly valuable,” said Eric Otterson, managing director at Silicon Valley Bank. “We look forward to supporting SI’s continued growth.”

Source Intelligence is a global network of businesses linked together to expedite the exchange and validation of compliance information.