Silicon Valley Bank Voted Service Provider of the Year by UK Investor Community
Company news | October 4, 2012
LONDON - October 4th, 2012 - Silicon Valley Bank, financial partner to the technology, life science, cleantech, private equity and venture capital industries, was recognised as 'Service Provider of the Year' at The Investor Allstars Awards 2012 in London. The winner was selected by the audience at this year's event, consisting of more than 500 entrepreneurs and leading figures from Europe's venture capital and private equity communities.
Silicon Valley Bank works with some of the most successful and well-known technology brands in the world, including Evernote, Mindspeed, Mozilla and Pinterest, as well as some of the top investors in the sector including NEA, Sequoia Capital and Silver Lake. Silicon Valley Bank has had a presence in the UK since 2004 through its affiliate SVB Financial Group UK Limited, providing access to financing solutions for some of the highest profile and fastest growing UK-based technology companies such as The Foundry, Shazam, Icera, Mimecast and Adconion. Top-tier venture firms such as Index Ventures and Balderton Capital have also chosen to work with Silicon Valley Bank in the UK.
Phil Cox, Head of EMEA and India and President of UK Branch for Silicon Valley Bank, today said: "We are thrilled that our hard work has been recognised by the UK investor community through this award. As the only global bank dedicated to the innovation sector, the opening of our UK Branch in June marked a key milestone in the evolution of the local technology ecosystem. Our UK Branch launch illustrates the importance of high-growth technology, life science and cleantech businesses and their investors to the global economy. Our clients are doing remarkable things. We are excited to be part of their success, and to be able to help other UK entrepreneurs meet and exceed their ambitious goals."
Peter Campbell, CFO of Mimecast, added: "Silicon Valley Bank is unique. They understand our business and have worked with us to provide flexible financing solutions tailored to the needs of our business. The team has been great and we are happy to be partnering with them."
Silicon Valley Bank is the commercial banking division of SVB Financial Group (NASDAQ: SIVB) and financial partner to technology companies worldwide. The bank opened a full service commercial banking branch in the UK in 2012 to serve both local and international businesses. Headquartered in Silicon Valley, SVB Financial Group also has operations in China, India and Israel through which it offers its clients access to the bank's network of relationships with technology, life science, cleantech, private equity and venture capital businesses worldwide.
About Silicon Valley Bank
Silicon Valley Bank is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine businesses. Silicon Valley Bank and its affiliates within SVB Financial Group provide industry knowledge and connections, financing, treasury management, corporate investment and international banking services to clients worldwide through 27 US offices and seven international operations in China, India, Israel and the UK. www.svb.com
Silicon Valley Bank UK Limited is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). Silicon Valley Bank UK Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146).
Contact:
Elly Gilbert
Silicon Valley Bank – UK Branch
+44 (0)20 7367 7813
egilbert@svb.com