Tech Company Financing Transactions
Silvergate Bank Funding Round
Silvergate Bank, operating out of La Jolla, raised $114 million from Digital Currency Group and private investors.
Transaction Overview
Company Name
Announced On
2/27/2018
Transaction Type
Venture Equity
Amount
$114,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds from this placement will support further growth in the Bank's nationwide fintech deposit initiative and its business banking and residential lending activities.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
4250 Executive Sq. 300
La Jolla, CA 92037
USA
La Jolla, CA 92037
USA
Phone
Website
Email Address
Not Recorded
Overview
Silvergate Bank is dedicated to providing the highest level of personal service to our customers. A commitment to customized banking solutions that satisfy both current and long-term needs is redefining the way our bank partners with companies and individuals.
Management Team
Title
Name
Email & Social
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