Jul, 2002 : Silicon Valley Bank, Inflow Announce Alliance
📅 - Managed Web hosting and IT service provider Inflow Inc. (inflow.com) and Silicon Valley Bank (svb.com) announced on Tuesday that they have formed an agreement whereby SVB customers will receive preferential pricing for Inflow's Outsourced IT Services and Web Hosting.
The agreement, says Inflow, extends to all SVB clients in the Colorado, Arizona, Arkansas, Louisiana, Montana, New Mexico, Oklahoma and Texas.
"We have had a long-term relationship with the team at Inflow, first backing the company as a startup and now five years later, we are proud to partner with them to offer their excellent outsourcing solutions to other SVB clients," said Mike Devery, SVB Colorado Market Manager. "Inflow is a trusted referral partner and this alliance is an endorsement of their solid business model and value proposition for our customers."
Adding to its original funding, Inflow raised $35 million in another round of financing last month.
"Technology and life science companies are looking for cost-effective IT solutions that scale. Through this relationship with SVB, we will work with their companies to help them grow and manage their businesses," said Art Zeile, chief executive officer at Inflow. "SVB has a track record of supporting technology and life science companies through their lifecycle, with both business and financial support. We look forward to building a mutually beneficial relationship."
The agreement, says Inflow, extends to all SVB clients in the Colorado, Arizona, Arkansas, Louisiana, Montana, New Mexico, Oklahoma and Texas.
"We have had a long-term relationship with the team at Inflow, first backing the company as a startup and now five years later, we are proud to partner with them to offer their excellent outsourcing solutions to other SVB clients," said Mike Devery, SVB Colorado Market Manager. "Inflow is a trusted referral partner and this alliance is an endorsement of their solid business model and value proposition for our customers."
Adding to its original funding, Inflow raised $35 million in another round of financing last month.
"Technology and life science companies are looking for cost-effective IT solutions that scale. Through this relationship with SVB, we will work with their companies to help them grow and manage their businesses," said Art Zeile, chief executive officer at Inflow. "SVB has a track record of supporting technology and life science companies through their lifecycle, with both business and financial support. We look forward to building a mutually beneficial relationship."
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URL source: http://www.thewhir.com/marketwatch/inf070902.cfm
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