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Codero Hosting Receives $8 Million in Financing from Silicon Valley Bank and Farnam Street Financial

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Austin, TX (PRWEB) January 28, 2014

Codero Hosting (http://www.codero.com), a leading provider of dedicated, managed, cloud and hybrid hosting services, today announced that it received $ 8 million in financing from Silicon Valley Bank (SVB) and Farnam Street Financial. The capital financing enables Codero to deploy new data centers across the U.S. and Europe and expand its hosting portfolio to serve more customers and multiple data center locations.

“We have outpaced our industry’s growth, expanding faster than other hosting and cloud providers due to our commitment to providing customers with unparalleled performance, expertise, support and value,” said Emil Sayegh, president and CEO of Codero Hosting. “The support of SVB and Farnam Street Financial helps us accelerate our growth and capitalize on our market success.”

“Helping innovators like Codero succeed is what we aim to do every day,” said Travis Wood, managing director for Silicon Valley Bank in Austin. “With the flexibility provided by this financing, the Codero team is on a path to meet its ambitious global expansion goals.”

“Fast-growing companies like Codero need long-term relationships that deliver creative solutions,” said Dale Olsen, SVP of sales, Farnam Street Financial. “We feel that Farnam is uniquely positioned to help Codero maintain its high level of service while accelerating its revenue growth.”

In October, Codero announced the industry’s only true on-demand hybrid cloud hosting service. The new offering – which combines the company’s best-of-breed cloud, networking and dedicated hosting technologies – provides the flexibility and strength of public cloud with the robustness and security of traditional IT infrastructure. Codero’s On-Demand Hybrid Cloud™ has attracted new customers, as Codero is the only hosting and cloud provider to offer the service, and it’s been well received by businesses looking to optimize their application performance.

About Codero Hosting

Codero Hosting delivers world-class dedicated, managed, cloud and hybrid hosting solutions on-demand for businesses of all sizes on a global basis. Codero integrates innovative industry-leading IT hosting solutions that are fully automated with all customer service delivered by a seasoned and highly technical US-based team. This allows companies to confidently outsource their IT hosting needs while empowering them with complete control over their IT environment. Codero offers hosting from its Phoenix, Arizona and Ashburn, Virginia data centers. All Codero services and products are backed by SAS 70 Type II secure data centers, live U.S.-based 24/7/365 support and a seasoned staff. An industry innovator, Codero has the only customer loyalty Rewards Program of any of the major industry players, as well as attractive, and rewarding affiliate, channel, and reseller programs. Codero is majority-owned by NYC-based growth equity firm Catalyst Investors. For more information about Codero, please visit Codero.com or connect with Codero on Twitter and Facebook.

About Silicon Valley Bank

Silicon Valley Bank (http://www.svb.com) is the premier bank for technology, life science, cleantech, venture capital, private equity and premium wine businesses. SVB provides industry knowledge and connections, financing, treasury management, corporate investment and international banking services to its clients worldwide through 27 U.S. offices and six international operations.

Silicon Valley Bank is the California bank subsidiary and the commercial banking operation of SVB Financial Group. Banking services are provided by Silicon Valley Bank, a member of the FDIC and the Federal Reserve System. SVB Financial Group is also a member of the Federal Reserve System.

About Farnam Street Financial

Farnam Street Financial, Inc. (http://www.farnamstreet.net) is an independent, privately-held leasing company focused on building long-term relationships with entrepreneurs and executives across the entire size and growth spectrum from growing, earlier stage businesses to established, global enterprises with diverse equipment needs. Following the global reach of our portfolio of US based customers, we have leased equipment that is installed across the globe.







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EB5 Visa Direct Investments: The Hot New Trend In Alternative Financing For Small Businesses And Regional Economic Growth

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Los Angeles, CA (PRWEB) January 17, 2014

A rapidly growing number of start-up and expanding business owners are skipping traditional bank loans and venture capitalists for a faster and cheaper financing alternative, called the EB5 Visa Direct Investment program. “This direct or stand-alone program is literally on fire,” said Bernard Wolfsdorf of Wolfsdorf Immigration Law.

It connects wealthy overseas investors who want a green card with regional business owners who need money to grow and expand. Southern California CEO Magazine talked with leading Securities and immigration attorneys and investment consultants about this hot new trend at a recent EB5 Summit in Los Angeles.

The EB5 Visa Investment program was created by Congress in 1990 to stimulate U.S. economic growth by job creation through capital investment by foreign investors. An investment made by an immigrant must create at least 10 new American jobs over a period of at least two years. If successful, the investor receives their permanent green card. The U.S. Citizenship and Immigration Services sets aside up to 10,000 visas for immigrants willing to invest at least $ 500,000 or more to create these new jobs in American businesses.

Almost all EB5 investment has been in massive Regional Center Projects which involve hundreds of foreign investors and scores of millions of dollars. The projects have been complicated, and it has been difficult to determine how many American jobs each foreign investor has created. Many of the investors have also profited little or lost money. But, that has changed over the last year.

“More investors are finally realizing that there is opportunity with direct investment, “said Brian Su of the Artisan Business Group. Su primarily helps U.S. companies connect with cash-flush investors in China who want more control on the projects they back, but, they don’t necessarily seek as much equity in the business as a venture capitalist would likely demand.

As long as the project is very strong and the business is good, Su’s investors are willing to risk their money. “They’re not looking for tremendous returns,” Su said. “They’re just looking for legal residency through the EB5 program.”

The pool of investors has also quickly expanded from China, to include entrepreneurs from Brazil, Chile, India, Korea, South Africa and Vietnam. Up to 20% of all EB5 investment now directly benefits the little guy.

“The smaller business that’s looking to add 10 or 20 or 30 people onto their payroll, they can tap into this financing source, and the cost of doing so is less than half of the cost of big projects. So, it’s something the smaller business can afford in order to enlarge their business or start their business from a dead stop,” said Michael Michael Homeier of Homeier and Law. “It’s very exciting.”

The EB5 Visa Direct Investment program can also help small business get cash fast and with less hassle than standard bank loans or venture capital deals.

“This is the big winner,” said immigration attorney Bernard Wolfsdorf. “We’re talking two to three months. That’s how quickly the money can flow in to the job creating enterprise. You don’t have all this massive apparatus, and complicated framework. You basically put together a business plan. You outline the structure. You show where it’s going to go. You raise the money and the money starts coming in within months.”

The EB5 Visa Direct Investment program has also become powerful economic stimulus tool for Southern California cities and counties.

“Jobs create jobs,” said Kevin Wright of Wright Johnson, LLC. The EB5 program consultant said investors bring capital into a county or city. That creates more jobs, which creates more tax revenue, which creates more direct and indirect jobs, and in turn, more tax revenue. “So, it really helps to perpetuate an entire community through these investments,” Wright said.

The EB5 Visa Direct Investment program is a real opportunity for a lot of U.S. businesses and local governments to get back on their feet, said immigration attorney Michael Homeier. Businesses are struggling to get capital, and there is a huge wave of wealthy people overseas willing to put their money at risk on a U.S. business to create jobs and to get a green card. “That’s a perfect storm,” he said.







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Hawkeye Management, the Small Business Loan Company, Announces the Release of 16 Best & Most Common Business Financing Options for your Small Business

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Blackwood, NJ (PRWEB) June 13, 2013

Hawkeye Management has released a new eBook. The free electronic book describes the 16 best & most common ways that small business owners seek working capital for their dream business. This is a great read for small business owners looking for small business loans. The report discusses ways to acquire funding for small businesses such as private equity, angel investors, and family. The report also goes into depth on the dangers of NOT separating personal and business credit. Using personal credit to fund a business can tarnish a good credit score. This report lets aspiring business owners know all the options on credit and lending.

Tom Gazaway the author and founder of Hawkeye Management further explains, the financing solutions herein probably make up 90% of all capital that is obtained by small business owners. Tom continues to explain, it’s important to borrow the right way and use working capital and lines of credit for revenue generating activities. This way, a small business can generate additional revenue and profit that will justify the additional debt that was created.

To read more or get a free copy of the 16 Most Common Ways to Get Money for your Small Business Click here.

Hawkeye Management connects entrepreneurs and small business owners with up to $ 50,000-$ 150,000 or more in freely spendable business credit lines. Hawkeye Management understands the mechanics and realities of small business credit better than anyone. Hawkeye Management knows what works, what doesn’t work, and how small businesses can get the credit it needs as quickly as possible.







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Soft Tissue Regeneration, Inc. Announces Financing and Appoints New Members to Board of Directors

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New Haven, Conn. (PRWEB) January 06, 2014

Soft Tissue Regeneration, Inc. (“STR”), a developer of regenerative orthopedic devices for tendon and ligament repair, today announced the completion of a financing and the addition of three new members to the company’s board of directors. The $ 5 million financing commitment will permit STR to complete its European Phase I clinical study and continue the FDA regulatory process for the Company’s L-C Ligament®, a bioresorbable, implantable scaffold for the repair and regeneration of an injured or torn anterior cruciate ligament (“ACL”). In conjunction with this financing, Dane Miller, Ph.D., Charles Hart, Ph.D., and Richard Emmitt are joining the STR board of directors, offering deep industry expertise in medical devices and investments.

Current investors, Connecticut Innovations and Launch Capital, led the $ 5 million financing and Dane Miller and The Vertical Group also participated. The financing allows STR to complete its 15-patient Phase I clinical study of the L-C Ligament in Europe, which enrolled the first patient in June, 2013, in The Netherlands. The financing will also support STR’s continued regulatory and clinical activities with the United States Food and Drug Administration (FDA) in preparation for a global pivotal clinical trial. The first tranche of STR’s $ 5 million financing closed on Nov. 19, 2013.

“STR has quickly progressed from a concept to a real product that is already demonstrating clinically its potential to provide surgeons and their ACL patients with an alternative to the inherent morbidity and risks of autograft or allograft tendon,” said Joseph Reilly, president, CEO, and co-founder of STR. “The new members of the board of directors offer years of experience and the guidance and insight that will allow us to continue making clinical and regulatory advances.”

The new members to the STR board of directors include:

Dane Miller, Ph.D. – Miller is the founder, current member of the board of directors, and former president and CEO of Biomet, a pioneer and leading company in the orthopedic industry. Miller offers insights and knowledge from his more than 40 years of experience and is considered one of the most distinguished entrepreneurs and executives in the medical device industry.

Charles Hart, Ph.D. – Hart is the former chief scientific officer and vice president of two of the pioneers in the field of regenerative medical technology, Advanced BioHealing and BioMimetics. He has more than 30 years of experience in commercializing advances in biomaterials and biotechnology.

Richard Emmitt – Emmitt is a general partner with The Vertical Group, a leading venture capital firm focused on the medical device industry. During his 40-year career, he has invested in and served as a member of the board of directors at several of the most successful medical device companies.

About STR and the L-C Ligament: Soft Tissue Regeneration, Inc. is a medical device company focused on the application of resorbable polymer scaffold technology to address unmet needs of surgeons and their patients. The Company’s devices are based on proprietary fiber, braid and mesh designs comprised of poly (L) lactic acid (“PLLA”), a resorbable polymer with a long and proven history of use in implantable medical devices. The STR device designs are ideally suited for tendon, ligament, and other soft tissue injuries when an implantable scaffold is required for the reinforcement and/or regeneration of functional tissue. The first STR device to reach the clinical stage is the L-C Ligament. This device has the potential to advance the surgical repair of torn ACL’s by obviating the need to utilize either the patient’s own tissue (“autograft”) with the pain and morbidity of a second surgical site, or the use of cadaver tissue (“allograft”) with the risks of infection and sub-optimal healing. Following three years of animal testing that has demonstrated the ability of the L-C Ligament to remodel and regenerate functioning ligament, STR has initiated a 15 patient Phase I clinical study in Europe. The first patient was treated in June, 2013 in Zwolle, The Netherlands and, as of this date, the 10 patients that have received L-C Ligament implants are all doing well.







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Self-Directed IRA Provider Expands Investment Options to Include Startup Capital Financing With Private Placement

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Bellevue, Washington (PRWEB) July 11, 2013

Because access to startup capital can prove to be one of the most difficult components of growing and expanding a company’s operations, it can often prove a pain-point for getting businesses to the next stage. Angel investors looking to capitalize on growth can now access funds available to within their retirement accounts by utilizing a self-directed IRA with checkbook control.

The checkbook control feature of self-directed IRA account holders allows the investor to access funds within the retirement account by simply writing a check. Gone are the days of needing custodian approval for transferring funds and investing. When it comes to investing in timely deal in real estate and capital formation for profitable business ventures, the IRA becomes a source of funds.

“Most of our partner companies have seen greater growth in areas outside the United States,” says Troy Jenkins, VP of Marketing. “There exists a bit more risk, but we feel those who’re interested in the phenomenal tax-free returns that come with investing in private placement and private equity outside the United States, there are very large opportunities there.”

Silverstone partners help draft private placement offerings for companies looking to offer-up equity as an enticement to obtain investment. Private placement deals are beneficial over public offerings in a number of key ways. First, they do not require the regulatory oversight, time commitment or cost to implement. Second, after the deal is done, privacy remains helpful as the company looks to grow its operations. Finally, private placement can mean huge returns if the company eventually does well. But there are also greater risks.

“Private placements also involve a great deal more risk than other investment opportunities,” says Jenkins. Consequently, most self-directed investors avoid “all-in” strategies and still use their self-directed account to invest in multiple private deals as well as the Fortune 500. “It’s a strategy that involves higher risk to your retirement funds and is not something everyone can or should commit to,” Jenkins says. “You have to be comfortable with the idea of losing whatever money you invest, which is not something that would work for most retirement account holders.”

As in any investment opportunity, whether in private placement deals or otherwise, Silverstone partners require investors be accredited and the company nor its partners make any warrants as to the returns or risk threshold any investment may provide.

About Silverstone

Silverstone.net is a self-directed IRA provider and consulting firm based in Bellevue, Washington. The company helps investors craft the unique structure that allows for tax-advantaged investing in such things as precious metals, real estate, private equity and negotiable instruments. The company works to help individuals maximize their tax-free savings and investment through proper legal structuring.







Learn the secrets of early-stage financing

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Learn the secrets of early-stage financing
He'll also discuss the business start-up process and its phases. Harries is currently a business advisor and corporate director. His strategy consulting practice advises on produce and market strategy, brand development, strategic partnering …
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Olivier Grisel's talk on Predictive Modeling in the Cloud with scikit-learn was especially pertinent for OpenBI as we start to use Python more for data science. Grisel worked through several examples, showing how to use … with both open source and …
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Start-Up Business Financing ? Look To Crowd Funding

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Over the last few years we have heard ad nauseum about small business struggles with accessing capital for growth. 

But, even harder hit then your typical Main Street business has been those companies that have yet to open their doors – Start-Up Businesses.

Start-ups have always struggled at getting capital before launching their businesses.  They have no revenue, no real prospects, no assets and no brand name.  In fact all they really have is a hope and a prayer.

Thus, no lender or investor in their right mind would touch a start-up business – and they usually don’t.

But, year in and year out, some 600,000 + new businesses are started each year; according to the Small Business Administration.

These businesses have to get funding somewhere.  The question becomes, where?

Each business is different and as such each may find a different or unique way to scrape together the capital needed to launch their company.  Some new businesses have to either cash out all their personal resources like home equity, stocks and bonds, deplete savings accounts while some may find investors in their local area or tap their friends and family.

Whatever they do, the bottom line remains the same; small, new start-up businesses can’t get outside capital from traditional business loan resources like banks or other financial institutions.

But, over the last decade or so, there have been some really ingenious and innovative entrepreneurs stepping up to fill this lending gap.

By now you might have heard of peer-to-peer lending where members of a network borrow and lend to each other – cutting out the banks or professional investors.

And, recently there has been a renewed push for a similar form of start-up business financing, termed Crowd Funding.

With the huge popularity of social networking and the reach that this direct interaction can bring to one person’s idea, crowd funding is getting a new foothold in the business world – really picking up since 2008.

Now, crowd funding is not going to provide your new business with millions of dollars in capital like a venture capital deal would or will it provide you with hundreds of thousands of dollars like a bank loan would.  But, it could (should if used right) provide your start-up business with enough initial capital to get launched and begin to generate customers and revenue – because, once your new business does start to show some promise or begins to generate actual business, other financing options will open up to it.

Think about the typical start-up business – a business that is only an idea at this point.  What expenses will it really face before opening its doors?

Most new businesses have the following start-up costs:

Legal – For incorporating your business or filing for your business registration – usually around $ 300,

Rent / Lease – $ 500,

Leasehold Improvements – $ 600,

Office supplies and office equipment – $ 1,000,

Web design and marketing materials to include logo design and brochures – $ 550,

Utilities / Insurance – $ 250,

Inventory – $ 300.

That totals about $ 3,500.

Moreover, for those businesses that don’t need inventory or a building to operate out of in the beginning (online businesses), their start-up costs are much lower.

Now, many new business owners end up putting this amount on their credit cards then open their doors and start to build their company.  But, given our recent recession and slow recovery, you just might not have the available balance on your credit cards to do this.

In steps crowd funding:  Use your social network – those people you know and those you don’t but are friends, followers or fans with – to raise that needed start-up cash.

According to VC Deal Lawyer, based on several reputable publications like the Wall Street Journal and the Economist, crowd funders can typically raise between $ 2,000 and $ 10,000.

While this amount will not let your business push a national marketing campaign with a Super Bowl ad this coming February, it should be enough to cover those initial start-up costs – allowing your new business to open its doors and begin to get after paying customers.

Further, and as another solid benefit, most crowd funders are not giving away large portions of their company like they might do with local or angel investors or even with strategic partners like CPAs and attorneys.

In fact, very few crowd funding businesses are giving away equity.  Why, because it runs up against the Securities and Exchange Commission’s rules regarding equity investment in private companies (think Reg D).

Instead, these companies are providing their donors or contributors some type of perk or reward – something tied to the business after it gets up and running – like a coupon or sample or even a personal phone call from the owner.

Just image that you get a personal call from the next Mark Cuban before he becomes a household name – pretty neat!

So, while crowd funding won’t provide your start-up with millions of dollars – the type of money that our main stream media companies likes to profile – it should at least cover your very basic start-up costs – getting you out of that start-up mode and into that small, growing business stage.

Further, given our current economic environment, who could really ask for more?  After all, if you don’t have to really give away anything for it – it is just free money for your new, start-up business!

Joseph Lizio holds a MBA in Finance and Entrepreneurship, is the founder of Business Money Today, has a strong commercial lending background and is regarded as an expert in business and finance.

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