Yaletown-backed Bit Stew Systems nets $3.5 mln from Silicon Valley Bank
Bit Stew Systems Inc has received a $3.5 million credit facility from U.S. technology investor Silicon Valley Bank. Founded in 2005, the Vancouver-based Bit Stew is a provider of integrated, real-time network operations solutions for the utility sector. Update: The company said the new partnership with Silicon Valley Bank builds on the Series A funding that was provided last December by Canadian venture capital firm Yaletown Venture Partners and Cisco Systems Inc. The new credit facility will enable Bit Stew to invest in its go-to-market strategy.
27 May 2014•3 mins read
