Hercules Capital’s New SaaS Finance Division Has Successfully Originated More Than $305.0 Million in New Debt Commitments YTD 2018

PALO ALTO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the leading specialty finance company to innovative, venture growth, pre-IPO and M&A stage companies backed by leading venture capital firms, today announced that its recently formed Hercules Capital SaaS Finance division has surpassed $305.0 million, year-to-date 2018, in new commitments to some of the most innovative Software-as-a-Service (“SaaS”) companies since its formation in June 2018. Hercules Capital SaaS Finance division has provided venture debt growth capital to notable SaaS companies, such as Evernote, Fuze, OneLogin, Wrike, and ZocDoc, among others.