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Client News
NextGig, Inc. Receives Equipment Term Loan From Silicon Valley Bank
Client News
January 17, 2002
SAN DIEGO - January 17, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, announced it provided NextGig, Inc. with an equipment term loan. San Diego-based NextGig, a leading developer of database infrastructure products, will use the financing for equip...
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Xytrans, Inc. Receives Credit Facility From Silicon Valley Bank
Client News
January 15, 2002
WEST PALM BEACH, FL - January 15, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it established a banking relationship which provided a line of credit to Xytrans, Inc., a pioneer in the wireless broadband revolution. Xytrans is a lead...
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RF Magic, Inc. Receives Equipment Financing From Silicon Valley Bank
Client News
January 09, 2002
SAN DIEGO - January 9, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided RF Magic, Inc. with $1.5 million in equipment financing. RF Magic will use the financing to acquire the equipment and software necessary to support the ...
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Viewlocity, Inc. Receives Working Capital Line of Credit From Silicon Valley Bank
Client News
January 08, 2002
ATLANTA - January 8, 2002 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, today announced it provided Viewlocity, Inc., with a $3.5 million line of credit. Viewlocity is the global provider of Supply Chain Event Management (SCEM) software and services. The...
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Com21 Receives Working Capital Line of Credit from Silicon Valley Bank
Client News
December 17, 2001
MILPITAS, CA (December 17, 2001) - Com21, Inc. (Nasdaq: CMTO), a leading global provider of system solutions for the broadband access market, announced today that it has finalized a $10 million asset-based line of credit with Silicon Valley Bank. The Silicon Valley Bank line of credit replaces ...
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Myrica Networks, Inc. Receives Capital Term Loan from Silicon Valley Bank
Client News
December 10, 2001
SAN DIEGO - December 10, 2001 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, announced that it provided Myrica Networks, Inc. (Myrica Networks) with a $3 million capital term loan. San Diego-based Myrica Networks, a communications networking company, will...
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Silicon Valley Bank Extends $5 Million Line of Credit to Ultimate Software
Client News
December 05, 2001
WEST PALM BEACH, FL - December 5, 2001 - Silicon Valley Bank, (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares (Nasdaq: SIVB), and Ultimate Software (Nasdaq: ULTI) announced that the Bank has extended a $5 million secured accounts receivable line of credit to Ultimate Software. U...
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Onyx Software Renews Working Capital Facility with Silicon Valley Bank
Client News
November 15, 2001
SEATTLE - November 15, 2001 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, announced today that it has provided a $15 million working capital facility to Onyx Software Corporation (Nasdaq: ONXS) of Bellevue, Washington, a global provider of customer relat...
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Pivotech Systems Receives Financing From Silicon Valley Bank. Financing Will Help Bring the Pivotech IntelligentEdge™ Solution to Market
Client News
November 05, 2001
PISCATAWAY, N.J. - November 5, 2001 - Pivotech Systems, Inc., the premier vendor of carrier-class intelligent managed application solutions for communication service providers, today announced that Silicon Valley Bank, a wholly-owned subsidiary of Silicon Valley Bancshares, has provided them with a ...
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Novoste Corporation Receives Asset-Based Financing From Silicon Valley Bank
Client News
November 01, 2001
ATLANTA - November 1, 2001 - Silicon Valley Bank (the "Bank"), a wholly owned subsidiary of Silicon Valley Bancshares, announced it provided Novoste Corporation (NASDAQ: NOVT) with $10 million in asset-based financing. Norcross, Georgia-based Novoste Corporation is a world leader in the emerging fie...
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