Icertis, the contract intelligence company, announced it has secured $150 million in funding comprised of a revolving credit facility and convertible financing from Silicon Valley Bank. The funds will enable Icertis to further extend the company’s leadership position in the burgeoning CLM category by accelerating the application of transformational technologies like artificial intelligence, machine learning,…
Tag: Silicon Valley Bank
Silicon Valley Bank appoints Sunita Patel as Head of Business Development for Technology and Healthcare practice
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•Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, announced the appointment of Sunita Patel as Head of Business Development for its Technology and Healthcare practice. Sunita will succeed Jennifer Friel Goldstein, who is joining SVB’s venture capital arm, SVB Capital, as Managing Partner to lead the firm’s new…
PatientPop raises $50 mn Series C funding led by HLM Venture Partners
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•PatientPop, the US-based market leader in practice growth technology, announced it has secured a Series C capital round of $50 million, led by HLM Venture Partners, one of the top healthcare venture firms in the country. New investors Commonfund and Vivo Capital, and existing investors Toba Capital, Transformation Capital, and Silicon Valley Bank also participated…
Job portal for mothers The Mom Project secures $25mn in Series B funding round
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•Talent marketplace for mothers The Mom Project recently announced that it has raised $25mn in Series B funding round led by growth investment firm 7GC. The funding round also saw participation from Citi, Synchrony, High Alpha, and Silicon Valley Bank. Existing investors Initialized Capital, Grotech Ventures, OCA Ventures, Aspect Ventures, Wintrust Financial, IrishAngels, and Engage…
Aumni Inc raises $10mn through Series A funding round
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•Aumni Inc., a SaaS company developing a robotic process automation and data analytics platform for private capital investors, has raised $10 million in Series A funding round led by SVB Financial Group, the parent company of Silicon Valley Bank. The round also included participation from existing investors Moneta Ventures, Next Frontier Capital and Quiet Ventures.…
Silicon Valley Bank to hire over 200 professionals for Bengaluru office
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•Silicon Valley Bank, a subsidiary of SVB Financial Group, is planning to hire over 200 people for its newly opened Bengaluru Office. The company has started hiring engineers, systems architects, data analysts, product design, development and support for core functional areas of SVB’s business. As per ET, Daniel Beck, Chief Finance Officer, Silicon Valley Bank,…