eVestment Alliance, an Atlanta, GA-based web-based provider of comprehensive investment information and analytic technology, closed a transaction with Silicon Valley Bank to receive $19m in new credit facilities.
The company will use the new financing, which is comprised of a considerable term loan and revolving line of credit, to further invest in its global expansion and product development.
Through its online eVestment Global Database, eVestment captures a comprehensive dataset and distributes all information via its Web-based eVestment Analytics system, a platform designed for online manager comparisons, research and competitive intelligence.
The company was founded in 2000 operates offices in London, England and Sydney, Australia and U.S. regional sales offices in Boston, Seattle and Raleigh.
FinSMEs
18/11/2010