Sillicon Valley Bank

  Silicon Valley Bank  Silicon Valley Bank (SVB) was founded in 1983 in Santa Clara, California, with a mission to provide specialized banking and financial services to technology and life science companies, as well as venture capital and private equity firms. The bank was initially founded as a subsidiary of the banking company, Silicon Valley Bancshares, which was later acquired by SVB Financial Group in 2005. In its early years, SVB focused on serving the needs of the technology industry in Silicon Valley, providing banking services to early-stage startups and established firms in the region. Over time, the bank expanded its operations to other parts of the United States and internationally, including the United Kingdom, China, and other countries. In the early 1990s, SVB began offering venture debt, a type of debt financing that is provided to startups and emerging growth companies that have not yet reached profitability. This type of financing proved to be particularly po...