Chris Metinko

Icertis Secures $150M from Silicon Valley Bank in Revolving Credit and Convertible Note Financing

Icertis secured $150 million in financing from Silicon Valley Bank — equally split between a revolving credit facility and convertible financing — as startups increasingly turn to debt instruments amid a cooling venture market. CFO Rajat Bahri called the funding a vote of confidence to support growth and market-share capture.