Canaan-backed Loylty Rewardz raises $1.1M venture debt from Silicon Valley Bank
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Canaan-backed Loylty Rewardz raises $1.1M venture debt from Silicon Valley Bank

By Anand Rai

  • 16 Nov 2012

, a consumer loyalty and rewards management company, has raised Rs 6 crore ($1.1 million) in venture debt funding from Silicon Valley Bank (SVB).Venture debt funding differs from conventional venture funding as it is a debt form. It is usually raised by firms already backed by VC investors and typically ......

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