Silicon Valley Bank Provides $20MM Facility for Array Biopharma
Array Biopharma closed a term loan for $15 million and a revolving line of credit for up to $5 million with Silicon Valley Bank.
Array Biopharma closed a term loan for $15 million and a revolving line of credit for up to $5 million with Silicon Valley Bank.
Spruce Finance, a provider of financing for residential solar and home efficiency improvements, closed a $105.4 million round of debt financing with Investec and Silicon Valley Bank as the lead arrangers.
Geoff Butner joined Avidbank as SVP and deputy chief credit officer. He was most recently with Square 1 Bank as SVP, risk manager. Before that, he was with Silicon Valley Bank as SVP, credit officer.
Silicon Valley Bank provided a $25 million revolving line of credit to A10 Networks.
Snipp Interactive closed a new $4 million credit facility with Silicon Valley Bank.
ESSA Pharma secured a $10 million growth capital term loan facility from Silicon Valley Bank.
aTyr Pharma entered into a $20 million credit facility with Silicon Valley Bank and Solar Capital. aTyr intends to use the additional capital to pay off existing indebtedness and for general corporate purposes.
Apama Medical closed $13 million in financing from existing investors along with up to $6.5 million in a debt financing with Silicon Valley Bank.
Axsome Therapeutics entered into a $20 million term loan agreement with Silicon Valley Bank.
B2S Holdings entered into a $37.5 million line of credit with Silicon Valley Bank.