Performance Horizon Group Receives $2M in Debt Financing from Silicon Valley Bank

phgPerformance Horizon Group (PHG), a Newcastle, UK-based provider of performance marketing technology, received $2m in debt financing from Silicon Valley Bank (SVB).

This deal was in addition to the $10m Series B funding received last September (read here).

The company intends to use the funds to invest in its global sales and marketing operations.

Led by CEO Malcolm Cowley, Performance Horizon Group provides a SaaS marketing technology platform that connects companies directly to online and mobile marketing partners in over 170 countries. Is serves enterprises globally across core sectors including finance, travel, retail and telecommunications.
Clients include British Airways, Santander, Adidas and Sainsburys.

The company has offices in the UK, USA, Japan and Australia.



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