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News

Square 1 Bank Provides $1.75MM Debt Facility to BioSurplus, Inc.

December 18, 2012

Square 1 Bank, the premiere banking partner to entrepreneurs and the venture capital community, is pleased to announce it has provided $1.75MM in debt financing to BioSurplus, Inc., a provider of equipment management solutions and pre-owned scientific instruments to the life sciences industry. Loan proceeds will go towards fueling expansion for BioSurplus, and to repay … Continue reading Square 1 Bank Provides $1.75MM Debt Facility to BioSurplus, Inc.

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Square 1 Bank Announces Credit Facility to Heat Biologics, Inc.

December 12, 2012

Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a credit facility to RTP-based Heat Biologics, Inc., a clinical-stage immunotherapy company.  Proceeds of the credit facility will be used to support ongoing clinical trials and company growth. Launched in 2008, Heat Biologics focuses on developing … Continue reading Square 1 Bank Announces Credit Facility to Heat Biologics, Inc.

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Square 1 Proud to Partner with E&Y to Honor VC Award of Excellence Recipients

November 17, 2012

Palm Springs, CA – Three entrepreneurial leaders from KAYAK, MedExpress Urgent Care and SKYDEX Technologies Inc. received the Ernst & Young Venture Capital Award of Excellence on Saturday, November 17, at Ernst & Young ’s 2012 Strategic Growth Forum® in Palm Springs, CA.  Square 1 Bank co-sponsored the awards. “There is no debating the fact that … Continue reading Square 1 Proud to Partner with E&Y to Honor VC Award of Excellence Recipients

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Spruce Media Secures $15 Million in Debt Financing From Square 1 Bank

November 14, 2012

Spruce Media, the leading provider of enterprise-class marketing solutions for Facebook Ads, today announced that it has secured $15M in debt financing from Square 1 Bank. To read press release, click here.   Click to read more in VentureBeat and Business Insider.

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Square 1 Bank Names New Chief Credit Officer

October 15, 2012

Square 1 Bank today announced the appointment of Diane Earle as its new Executive Vice President and Chief Credit Officer. In this role, Ms. Earle will lead Square 1’s credit function, overseeing the Bank’s credit risk management, credit approval and credit analysis functions, and ensuring the overall quality of the Bank’s lending portfolio is maintained. … Continue reading Square 1 Bank Names New Chief Credit Officer

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Square 1 Bank Featured in San Francisco Business Times

October 12, 2012

Square 1 Bank has expanded its Bay Area banking team as it courts entrepreneurs in life sciences and technology… To read full article, click here.

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Square 1 Bank Experiences Steady Stream of Success in Silicon Valley

October 9, 2012

Square 1 Bank, a full service commercial bank serving the financial needs of entrepreneurs in the life science and technology sectors, and the venture capital community, today announced strong momentum in Silicon Valley including new key hires, client wins and key partnerships with local startup incubators. This news comes on the heels of the MoneyTree™ … Continue reading Square 1 Bank Experiences Steady Stream of Success in Silicon Valley

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Square 1 Financial Announces $20.6 Million Capital Raise

October 1, 2012

Square 1 Financial, Inc., the holding company for Square 1 Bank, is pleased to announce that it has raised $20.6 million through a private placement of its common stock. Shares were sold to existing institutional shareholders, and proceeds will be used to support Square 1 Bank’s continued strong growth and for other general corporate purposes. … Continue reading Square 1 Financial Announces $20.6 Million Capital Raise

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MapMyFitness Surpasses 10 Million Members, Arranging Additional $3M in Financing from Square 1 Bank

July 5, 2012

MapMyFitness, leader in online and mobile fitness applications and the internet’s largest social network of fitness enthusiasts, today announced that its community has surpassed 10 million members and is arranging $3 million in financing from Square 1 Bank. “The proposed financing, coupled with the $9 million Series B funding from Austin Ventures, Milestone Ventures, Competitor … Continue reading MapMyFitness Surpasses 10 Million Members, Arranging Additional $3M in Financing from Square 1 Bank

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Roadrunner Pharmacy, Inc. Completes Financing for Growth

June 8, 2012

Square 1 Bank provided the senior credit facility, while healthcare private equity firm, Ampersand Capital Partners and mezzanine fund, Huntington Capital, provided equity capital. This partnership will help support Roadrunner’s continued expansion in the US veterinary market. + Read more

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