Tech Company Financing Transactions
Castle Biosciences Funding Round
Castle Biosciences, based in Phoenix, secured $14 million in investment from Silicon Valley Bank.
Transaction Overview
Company Name
Announced On
3/28/2016
Transaction Type
Debt
Amount
$14,000,000
Round
Undisclosed
Investors
Silicon Valley Bank (Derek Brunelle)
Proceeds Purpose
The new $14 million overall facility refinances the existing $6 million growth term loan, adding $2 million in new growth capital and a new $5 million accounts receivable revolver.
Company Information
Company Status
Publicly-held
Industry
Biopharmaceutical
Mailing Address
3737 N. 7th St. 160
Phoenix, AZ 85014
USA
Phoenix, AZ 85014
USA
Phone
Website
Email Address
Overview
Castle Biosciences (Nasdaq: CSTL) offers diagnostic tests that provide actionable, tumor-specific information for improved treatment decisions and patient outcomes.
Management Team
Title
Name
Email & Social
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We report on all VC transactions involving tech companies. All VC database entries on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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