HomeCanadaBit Stew Systems Closes $3.5M Credit Facility with Silicon Valley Bank

Bit Stew Systems Closes $3.5M Credit Facility with Silicon Valley Bank

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griddirectorBit Stew Systems Inc., a Vancouver, British Columbia, CA-based provider of integrated, real-time network operations for the utility industry, closed a $3.5m credit facility with Silicon Valley Bank (SVB).

The credit facilities will enable Bit Stew to invest in its go-to-market strategy.

Founded in 2005 by Kevin Collins, Chief Executive Officer, Bit Stew Systems is a provider of integrated, real-time network operations solutions for the utility industry. Its flagship product, Grid Director, enables utilities to deploy, operate, secure and optimize smart grids by accessing to an interactive and real-time view of them.

The company offices in Mountain View, California, Toronto, Ontario, and Melbourne, Australia.

FinSMEs

26/05/2014

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