USA

medCPU, Inc., a NYC-based provider of enterprise clinical decision support solutions, closed an $8m financing round. This consist of $5m series B-2 equity and $3m in debt financing. The equity round was led by Merck Global Health Innovation Fund and New Richmond Ventures, and debt financing was provided by Silicon Valley Bank. This additional funding will […]

UK

Atopix Therapeutics Limited, an Oxford, UK-based biopharmaceutical company developing innovative CRTH2 antagonists for Th2-mediated diseases including atopic dermatitis and severe asthma, received a £3.25M term loan. The Silicon Valley Bank provided the debt financing. The company intends to use the funds for its phase two clinical studies. Led by Tim Edwards, Executive Chairman, Atopix Therapeutics […]

USA

SunLink Corporation, a San Rafael, CA-based solar energy solutions company, received a new line of credit and other financial services from Silicon Valley Bank (Nasdaq: SIVB). The amount of the deal was not disclosed. The company intends to use the proceeds for continued expansion. Led by Michael Maulick, CEO, SunLink provides photovoltaic products featuring roof-mount, […]

USA

Redis Labs, a Mountain View, CA-based commercial Redis provider, secured $15m in Series B funding. The round was led by Bain Capital Ventures and Carmel Ventures, with participation from Silicon Valley Bank. Led by Ofer Bengal, CEO and co-founder, Redis Labs powers applications with fast enterprise-class Redis, an open-source, in-memory NoSQL database. It provides a cloud service called […]

USA

8tracks, a San Francisco, CA-based platform for music listeners to create their own playlists, raised $2.5m in debt funding. Silicon Valley Bank provided the financial resources. The funds will help grow the company’s product and engineering teams that are expanding its personalization system and bringing playlist creation to its mobile applications. Co-founded by David Porter […]

USA

Springbot, an Atlanta, GA-based ecommerce marketing platform designed for small to mid-sized online businesses, raised $6m in funding. The round was led by TTV Capital with participation from existing investors TechOperators and Silicon Valley Bank. In conjunction with the funding, Mark Johnson, former vice chairman of CheckFree and current partner at TTV Capital, will join […]

IrelandUSA

PennyOwl, a New York City / Dublin, Ireland-based smart allowance app with learning features, completed a $1.3m seed funding. Backers included R. Richard Fontaine of Flipside Investments, former chairman and CEO of GameStop, Inc., Silicon Valley Bank (SVB) and Enterprise Ireland (EI). The company intends to use the funds to hire new people (it expects […]

USA

Plotly, a Montreal, Canada-based collaborative data science company, raised $5.5m in funding. Backers included MHS Capital, Siemens Venture Capital, Rho Ventures, Real Ventures and Silicon Valley Bank. The company intends to use the funds to scale engineering and sales teams. Led by Jack Parmer, Co-Founder and CEO, Plotly combines social features like sharing, commenting, and […]

USA

Healthx, Inc., an Indianapolis, IN-based provider of digital engagement and collaboration solutions for the healthcare payer market, completed a new multi-million dollar credit facility with Silicon Valley Bank. The amount of the transaction was not disclosed. The new capital will be used to refinance existing debt and further promote Healthx’s continuing growth and expansion. Led by […]

USA

Epic Sciences, Inc., a San Diego, CA-based private diagnostics company that designs and develops products and offerings to personalize and advance the treatment and management of cancer, has expanded the available credit under its existing credit facility with Silicon Valley Bank (SVB). The amended agreement increases the available capacity of the facility from $5 million […]

USA

Tectonic, a Denver, CO-based technology and business services company focused on insight to action automation in the cloud, received a $1M loan facility from Silicon Valley Bank (SVB). The infusion of capital will be used to fund the company’s continued growth and pursue additional acquisitions. Founded in October 2014, Tectonic serves mid-sized business and enterprise customers via […]

USA

LendKey, a New York and Ohio-based Lending-as-a-Service platform that connects borrowers with credit unions and banks, closed an $8M venture debt line from Silicon Valley Bank. The venture debt will be used to drive continued technology and product innovation, and expand its partnership and marketing initiatives. The company, which deployed $800M in loans to over […]

USA

Mobi, an Indianapolis, IN-based provider of managed mobility software and services to enterprises, received a debt facility from Silicon Valley Bank (SVB). The amount of the deal was not disclosed. The company intends to use the funds to accelerate its growth in the global enterprise mobility marketplace. Led by Scott Kraege, Co-Founder and CEO, Mobi […]

USA

HelloTech, a Los Angeles-based on demand in-home tech support and technology sales service, raised an additional $2m in funding. Backers included Collaborative Fund, Baroda Ventures, Greycroft Partners, and Silicon Valley Bank, which joined Accel Partners, Upfront, CrossCut ventures, Amplify.LA, among others. The company intends to use the funds to expand operations following the launch of […]

USA

Samanage, a Cary, N.C.-based provider of a cloud integrated enterprise service desk software, closed a $16m Series B funding. The round was led by Marker LLC and Vintage Investment Partners, with participation from existing shareholders Carmel Ventures, Gemini Israel Ventures and Silicon Valley Bank. The company intends to use the funds to accelerate growth rate […]

USA

Ahalogy, a Cincinnati, OH-based provider of a Pinterest-focused marketing solution, raised $8m in funding. Backers included Origin Ventures, Hyde Park Venture Partners, CincyTech, North Coast Angel Fund, Vine Street Ventures, Drummond Road Capital, and other existing investors. JobsOhio and Silicon Valley Bank provided debt-based financing. The company will use the funds to continue to expand […]

USA

Tapad, a NYC-based provider of unified cross-device marketing solutions, closed a $18.5m Series B-2 funding round. Backers included Blue Cloud Ventures, Avalon Ventures, Firsthand Technology Value Fund, Inc. (NASDAQ: SVVC), FirstMark Capital, G&H Partners, Knight Enterprise Fund, LLC, Silicon Valley Bank and Zanadu Capital Partners LP. Tapad intends to use the funds to bolster its […]