BlueVine Lands $15,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=348fa234-517d-4055-9b07-f76376d6eee6
Date
1/20/2016
Company Name
BlueVine
Mailing Address
2225 E. Bayshore Rd. Palo Alto, CA 94303 USA
Company Description
BlueVine allows small businesses to get paid immediately on their outstanding invoices. With BlueVine, companies can free up their cash for paying expenses and growing their business. The company is backed by leading venture capital firms, and based in Palo Alto, CA.
Website
http://www.bluevine.com
Transaction Type
Debt
Transaction Amount
$15,000,000
Transaction Round
Undisclosed
Proceeds Purposes
BlueVine will use this investment to bolster its management ranks, develop new features and fuel expansion into new verticals.
M&A Terms
Venture Investor
Silicon Valley Bank