SVB Leads MediaMath Debt Facility
MediaMath increased its debt facility to $105 million, for a total funding of more than $175 million, which was led and syndicated through Silicon Valley Bank.
MediaMath increased its debt facility to $105 million, for a total funding of more than $175 million, which was led and syndicated through Silicon Valley Bank.
According to the Wall Street Journal, Silicon Valley Bank has financed $50 million in venture debt for AppDynamics. The funds include mezzanine term financing and a revolver.
Bit Stew Systems announced the closing of a $3.5 million credit facility with Silicon Valley Bank.
SingleHop said it secured $14.8 million in venture debt financing from Silicon Valley Bank with participation by Farnam Street Financial.
Ceterix Orthopaedics closed $18 million in new financing. Silicon Valley Bank and Oxford Finance joined the company’s investors in the debt financing, which support commercial expansion of the company’s products.
Metacloud announced it closed a $15 million Series B round of funding, featuring investors Pelion Venture Partners, Silicon Valley Bank and others. The funds used will expand the team and platform.
H2O Overgroup announced it obtained a $1 million recurring revenue line of credit from Silicon Valley Bank.
Oxford Finance and Silicon Valley Bank announced a $7.5 million expansion to an existing $5 million term loan with Sorrento Therapeutics.
Stereotaxis announced it entered into an amended credit agreement with Silicon Valley Bank that replaces its existing $3 million revolver with a $10 million revolver scheduled to mature on March 31, 2015.
Advanced Photonix announced it reached an agreement with Silicon Valley Bank and Partners for Growth III to waive past covenant violations under the company’s loan and security agreements, and extend a credit line.