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General Information

Websitemmvf.com
Twitter@MMVFinancial
Phone(416) 977-9718
Employees
Founded8/2004

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MMV Financial

Growing companies are constantly balancing the issue of raising capital to fuel their expansion versus taking the dilution associated with raising additional capital. The problem is even more acute when runway extension can be the difference between meeting milestones and achieving an upround or not. MMV provides entrepreneurs with an alternative to address this problem. They have a range of creative debt financing approaches that enable a company to get the best of both worlds: additional capital with limited dilution.

A major benefit of MMV is that they deploy their capital quickly and efficiently. Their goal is to make the process as user friendly for their companies as possible. They believe that management time is better spent building their business rather than fundraising. What this means is that typically, upon signing a term sheet, they are able to complete a transaction and provide capital within four weeks. As well, they do not require board representation nor the renegotiation of the shareholder’s agreement.

Another major advantage of MMV is that they do not require any financial covenants or guarantees from companies or management teams they provide capital to. This means as an entrepreneur, you get full access to their capital to grow your business, and don’t have to worry about tripping a covenant and the resulting negative impact on your business.

They operate in the technology and life sciences sectors. Their key criteria being that a company has a proprietary product or process that is needed by its customers and clearly differentiates itself from its competitors. Within technology they have been most active in the software and communications arenas. Within life sciences they provide financing to both drug development companies and medical device companies.

They have financed a range of companies from those at the pre-product stage of their development to those with over $90 million in annual revenue. Their situations may be different but their underlying need for quick access to less dilutive capital is the same. For example, an early stage company may need additional runway to complete its product and start customer trials before going for its next round of financing. A later stage company may face a circumstance where the IPO window has closed and it needs additional working capital for expanding its business as it waits for the public markets to open. A publicly traded company may need access to capital to complete an acquisition but feels its stock price is depressed. Rather than undertake the time consuming process of completing a road show with institutions to raise additional equity, MMV can quickly provide less dilutive capital allowing management to remain focused on the business.

MMV Financial’s business is built on providing a range of creative financing solutions that allow growing companies fast and efficient access to additional capital with limited dilution.

Recent Milestones

Investments

Company Date Round Size Participants
Agilence 5/2011Debt$2.5M1
Sermo 2/2011Venture Round$3.5M1
Beyond the Rack 2/2011Venture Round$3M1
Nistica 2/2011Debt$3M1
ooma 1/2011Debt$3M1
NeoEdge Networks 12/2010Venture Round$3M1
SpectraLinear 11/2010Debt$3M1
Quick Hit 11/2010Debt$3M1
NetBase Solutions 10/2010Debt$2.5M1
SenSage 9/2010Venture Round$6.25M5
Qumu 9/2010Debt$8.75M7
LucidMedia 6/2010Series D$4.5M1
CorrectNet 1/2010Debt$3M1
CheckPoint HR 12/2009Venture Round$2.5M1
Axeda 10/2009Debt$4M1
Icera 12/2008Debt$10M2
Trust Digital 11/2008Series C$14.5M6
Sutus 10/2008Venture Round$4.5M3
Spectrum K12 School Solutions 10/2008Venture Round$7.4M4
Five Star Technologies 10/2007Venture Round$2M1
ReflexPhotonics 10/2007Debt$2M1
Xora, Inc. 6/2007Debt$4M1
BelAir Networks 10/2006Series D$21.4M8
Nakina Systems 4/2005Series B$10M4
BTI Systems 4/2005Venture Round$2.5M1

Videos

Sources

  1. Agilence Captures $2.5M Debt To Catch Dishonest Cashiers (fis.dowjones.com) [edit]
  2. MD networking firm Sermo lands $3.5M funding (masshightech.com) [edit]
  3. Beyond The Rack Secures $3M Venture Loan From MMV [edit]
  4. Nistica Closes $8.5M Equity and Debt Financing Round (finsmes.com) [edit]
  5. MMV Financial Provides $3 Million in Debt Financing to Ooma, Inc. (sip-trunking.tmcnet.com) [edit]
  6. NeoEdge Secures $3M To Develop New In-Game Ads (fis.dowjones.com) [edit]
  7. SpectraLinear Clocks In With $3M Debt Funding For Growth (fis.dowjones.com) [edit]
  8. Quick Hit Tackles $3M Growth Financing From MMV Financial (fis.dowjones.com) [edit]
  9. NetBase Solutions Secures $2.5M Debt From MMV Financial (fis.dowjones.com) [edit]
  10. SenSage Accelerates Future Growth Plans with New Funding (sensage.com) [edit]
  11. Qumu Secures $8.75M Equity-Debt Round For Enterprise Streaming Video (fis.dowjones.com) [edit]
  12. Online Advertising Startup LucidMedia Raises $4.5 Million (techcrunch.com) [edit]
  13. CorrectNet Borrows $3M From MMV Financial (fis.dowjones.com) [edit]
  14. CheckPoint HR Circles In On $2.5M From MMV (fis.dowjones.com) [edit]
  15. Growing software maker Axeda adds $9M in equity, debt (masshightech.com) [edit]
  16. Icera Secures $70M Financing Package (icerasemi.com) [edit]
  17. Venture capital financing wrap-up: Flipswap, Transpera, Trust Digital and more (rcrwireless.com) [edit]
  18. Sutus raises further $4.5 Million funding (sutus.com) [edit]
  19. Spectrum K12 School Solutions, Inc. Secures 7.4 Million in Venture Funding (spectrumk12.com) [edit]
  20. Five Star Technologies (fivestartech.com) [edit]
  21. Update: Reflex Photonics, circuit board connectivity co., raises $3M, and debt (venturebeat.com) [edit]
  22. venturebeat.com [edit]
  23. BelAir Networks Announces $21.4 Million in Series D Funding (belairnetworks.com) [edit]
  24. Title:Nakina Systems Closes US$10 Million Series B Financing Round (nakinasystems.com) [edit]
  25. BTI Photonic Systems Secures $2.5M (photonics.com) [edit]
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Last Edited 3/30/14

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