SVB Provides Credit Facility to ID Watchdog
ID Watchdog entered into a new $3.0 million credit facility with Silicon Valley Bank.
ID Watchdog entered into a new $3.0 million credit facility with Silicon Valley Bank.
Mobile remittance company Remitly announced it received $38 million in new equity and debt financing from IFC, a member of the World Bank Group, and Silicon Valley Bank.
Silicon Valley Bank provided $8 million in financing to LED lighting industry operating platform Gooee.
Radisys entered into a new and expanded credit agreement with Silicon Valley Bank, which provides the company a revolving loan commitment of $55 million with a stated maturity date of September 19, 2019.
Silicon Valley Bank served as sole administrative agent and joint lead arranger for $139.91 million in debt financing to support, among other things, Extreme Networks acquisition of Zebra Technology’s wireless LAN.
MidCap Financial and Silicon Valley Bank expanded a term loan and revolving line of credit to $20 million for Vericel.
Silicon Valley Bank hired Laura Izurieta as the company’s new chief risk officer. Izurieta joins from Capital One where she was lastly EVP and chief risk officer.
Xtant Medical Holdings expanded its accounts receivable credit facility with Silicon Valley Bank.
Sunshine Heart acquired a product line from a subsidiary of Baxter International. The company also closed a new $5 million facility with Silicon Valley Bank.
Vivint Solar closed a $313 million term loan facility, arranged by Investec Bank, ING Capital, Silicon Valley Bank and SunTrust Robinson Humphrey as joint bookrunners.