Press and Events

Square 1 Bank Announces Credit Facility to Advanced Liquid Logic

May 22, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, announced today it has provided a term loan and revolving line of credit to new client Advanced Liquid Logic, Inc., a life science technology company providing unique workflow solutions to laboratories and clinics. Proceeds will aid Advanced Liquid Logic in future growth and product development.+ Read More

Square 1 Bank Selects nCino Bank Operating System Solution

May 16, 2013 - nCino, LLC, the leader in secure, cloud-based bank operating solutions to the financial services industry, announced that Durham, North Carolina based Square 1 Bank has selected the company's Bank Operating System.+ Read More

Square 1 Bank Announces a $3 Million Debt Facility to SellPoint, Inc.

May 13, 2013 - Menlo Park, CA - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a $3 million debt facility to SellPoint, Inc, an online video advertising platform based in San Ramon, CA. Proceeds will be used to supplement working capital as they continue to grow their product line and expand their considerable client base. + Read More

Square 1 Bank Expands Life Sciences Practice in Pacific Northwest

May 1, 2013 - Seattle, WA - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that Rilus Graham has relocated to Seattle to grow the bank’s life sciences practice in the Pacific Northwest.+ Read More

Square 1 Bank Provides $3MM Term Loan to SteadyMed Therapeutics, Inc.

April 8, 2013 - Menlo Park, CA - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a $3 million term loan to new client, SteadyMed Therapeutics, Inc., a specialty pharmaceutical company developing a pre-filled, large volume subcutaneous delivery system called PatchPump® in combination with its drug product to treat Pulmonary Arterial Hypertension (PAH). Proceeds will be used to provide working capital to SteadyMed while it continues to develop its proprietary PatchPump technology and complete clinical trials for FDA Approval. + Read More

Square 1 Bank Announces Launch of Square 1 Asset Management

April 4, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced the launch of Square 1 Asset Management, a registered investment advisor.  A subsidiary of Square 1 Bank, the firm is a cash management solution designed exclusively for corporations and their institutional investors.  + Read More

Square 1 Bank Hires Ryan Dammeyer to Support Expanded Midwest Presence

March 25, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that Ryan Dammeyer has joined as senior vice president for the Midwest region.  Based in Chicago, Mr. Dammeyer will be responsible for building the bank’s portfolio of clients in the technology and life sciences sectors.+ Read More

Square 1 Bank Announces Credit Facility to Stitch Labs

March 25, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a $1.4 million term loan to new client, San Francisco-based Stitch Labs, an inventory management company.  Proceeds will be used to support the company’s growth.+ Read More

Square 1 Bank Announces New Hire in Boston to Support Strategic Growth

March 18, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that Michael Madden has joined as senior vice president and managing director in the Boston office.  Mr. Madden will be responsible for expanding Square 1 Bank’s presence in the technology market and fostering relationships with entrepreneurs and venture capital firms throughout New England. + Read More

Square 1 Bank Announces Credit Facility to Auspex Pharmaceuticals, Inc.

March 11, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a term loan to new client Auspex Pharmaceuticals, a San Diego-based clinical stage biotechnology company. Proceeds will be used to supplement working capital while entering Phase 3 clinical trials for its leading compound SD-809. + Read More

Aratana Closes $10 Million Non-Dilutive Financing with Square 1 Bank

March 7, 2013 - Square 1 Bank is pleased to provide $10M credit facility to Aratana Therapeutics, a biopharmaceutical company focused on developing innovative medicines for cats and dogs.+ Read More

Square 1 Bank Announces $2.25M Debt Facility to Carolus Therapeutics

March 5, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced it has provided a $2,250,000 debt facility to new client Carolus Therapeutics, a biopharmaceutical company.  The financing will support future growth. + Read More

Square 1 Bank Announces Credit Facility to ROI DNA

February 25, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a credit facility to new client, San Francisco-based ROI DNA, a full service ecommerce marketing agency.  Proceeds will be used to provide working capital to support growth.+ Read More

Square 1 Bank Announces Credit Facility to Hospitalists Now, Inc.

February 12, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, is pleased to provide a $2.5 million credit facility to Austin-based Hospitalists Now, Inc., a hospital management company dedicated to providing customized solutions to improve clinical and operational outcomes in hospitals and private medical practices.   Proceeds of the credit facility will be used to provide working capital and support growth.+ Read More

Square 1 Bank Announces Credit Facility to Halcyon Healthcare

January 28, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a credit facility to Halcyon Healthcare, a company formed to deliver the next generation of home health and hospice care solutions. Proceeds of the credit facility will be used to support the company’s organic growth, and provide working capital to fund future acquisitions. + Read More

Peerless Network Secures $15M in Debt Financing from Square 1 Bank

January 10, 2013 - Peerless Network, Inc., a leading provider of carrier and enterprise interconnection services, today announced that it has secured $15M in debt financing from Square 1 Bank.+ Read More

Square 1 Bank Announces $5 Million Credit Facility to Kovio, Inc.

January 2, 2013 - Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, is pleased to provide a $5 million debt facility to new, San Jose-based client, Kovio, Inc., whose investors include Kleiner Perkins Caufield & Byers, DAG Ventures, and Tyco, among others.  Proceeds of the credit facility will be used to support the company’s growth.+ Read More

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 existing indebtedness.+ Read More

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.+ Read More

Square 1 Financial, Inc. Announces Dr. Seth Rudnick Has Joined the Board of Directors

November 19, 2012 - Square 1 Financial, Inc. is pleased to announce that Dr. Seth Rudnick has joined the Board of Directors of both Square 1 Financial, Inc. and Square 1 Bank. Dr. Rudnick has an extensive background in the venture capital industry, as well as over 30 years of comprehensive experience in the biotechnology, healthcare and pharmaceutical industries. + Read More

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

November 17, 2012 - 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.+ Read More

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

November 14, 2012 - Facebook ad buyer Spruce Media has secured $15 million in debt financing from Square 1 Bank.+ Read More

Venture Alpha 2012 Sponsor

October 18, 2012 - Square 1 is proud to sponsor Venture Alpha 2012, being held October 17, 2012 at the International Mark Hopkins in San Francisco, CA.+ Read More

Venture Atlanta Sponsor

October 17 - 18, 2012 - Square 1 is proud to sponsor Venture Atlanta, being held on October 17-18, 2012 at the Georgia Aquarium in Atlanta, GA.+ Read More

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. She will also lead the Bank’s Asset Based Lending business.+ Read More

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.+ Read More

Square 1 Bank Experiences Steady Stream of Success in Silicon Valley

October 9, 2012 - Announces new hires, client wins and key partnerships with local startup incubators. + Read More

Square 1 Financial Announces $20.6 Million Capital Raise

October 1, 2012 - Successful Capital Raise Reflects Square 1’s Strong Performance+ Read More

DEMO Fall 2012 Sponsor

October 1 - 3, 2012 - Square 1 is proud to sponsor DEMO Fall 2012, being held October 1-3, 2012 at the Hyatt Regency Silicon Valley. + Read More

VCIR Fall Sponsor

September 26 - 28, 2012 - Square 1 is proud to sponsor the Venture Capital in the Rockies Fall 2012, being held September 26-28, 2012 at Big Sky Resort in Big Sky, Montana.+ Read More

CED Tech Venture Conference Sponsor

September 11 - 12, 2012 - Square 1 is proud to sponsor the Council for Entrepreneurial Development's Venture Conference '12, being held September 11-12, 2012 at the Raleigh Convention Center in Raleigh, NC.+ Read More

Square 1 is Proud to Partner with Horizon Technology Finance to Provide a Loan Facility to Mitralign

September 11, 2012 - Square 1 Bank and Horizon Technology Finance Corporation have partnered together to provide a $7 million loan facility to Mitralign, Inc., a cardiac device company. + Read More

Industry Veteran Patrick Oakes Joins Square 1 Bank as Chief Financial Officer

August 14, 2012 - Square 1 Bank, a full service commercial bank exclusively serving the financial needs of entrepreneurs and the venture capital community, today announced that Patrick Oakes has joined as Executive Vice President and Chief Financial Officer.+ Read More

Netsertive Secures $10 Million in New Funding

August 13, 2012 - Netsertive, a Durham advertising technology company, announced the closing of debt financing from Square 1 Bank and a Series B round of equity financing led by Harbert Venture Partners. + Read More

Seattle Women's Startup Weekend Sponsor

July 13 - 15, 2012 - Square 1 is proud to sponsor the Seattle Women's Startup Weekend, being held July 13-15, 2012 in Seattle, WA.+ Read More

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. + Read More

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

CED NC Companies to Watch '12 Sponsor

June 7, 2012 - Square 1 is proud to sponsor the Council for Entrepreneurial Development (CED) North Carolina Companies to Watch List '12.+ Read More

MAVA Capital Connection '12 Sponsor

May 23 - 24, 2012 - Square 1 is once again proud to sponsor the Mid Atlantic Venture Association (MAVA) Capital Connection 2012, being held May 23-24, 2011 at the Omni Shoreham Hotel in Washington, DC.+ Read More

Edison Director's College Sponsor

May 10, 2012 - Square 1 is proud to sponsor the Edison Director's College event, being held on May 10, 2012 at the Steinberg Conference Center in Philadelphia, PA.+ Read More

Square 1 Announces $5 Million Credit Facility to iScience Interventional, Inc.

May 8, 2012 - Square 1 Bank, the exclusive banking partner to entrepreneurs and the venture capital community, is pleased to provide a $5 million debt facility to iScience Interventional, Inc., a medical device company specializing in the discovery and development of interventional therapies and procedures targeting ophthalmic diseases.+ Read More

Square 1 Hosts Brad Feld, of Foundry Group, in Partnership with CED

May 2, 2012 - Square 1 Bank is delighted to welcome Brad Feld, co-founder of Foundry Group, for an entrepreneurial chat presented in partnership with the Council for Entrepreneurial Development (CED).+ Read More

NYC Uncubed Sponsor

April 26, 2012 - Square 1 is proud to sponsor NYC Uncubed, NYC's biggest tech talen fair, on April 26, 2012 at The Altman Building in New York City.+ Read More

Square 1 Bank and Shareholder InSite to Develop Strategic Partnership

April 24, 2012 - Today at the opening of NVCA 2012, the Annual Meeting of the National Venture Capital Association, Square 1 Bank, a premier provider of financial services to entrepreneurs and their investors, announced it has signed a letter of intent to develop a strategic partnership with Shareholder InSite to provide shareholder administration tools to venture capital and private equity firms and their portfolio companies. + Read More

Lerer Ventures CEO Summit '12 Sponsor

April 24, 2012 - Square 1 is proud to sponsor the first Lerer Ventures CEO Summit, being held April 24, 2012 at Citi Field in New York, NY.+ Read More

Nanotech Commercialization Conference Sponsor

April 5 - 6, 2012 - Square 1 is proud to sponsor the Nanotech Commercialization Conference being held on April 5-6, 2012 at the American Tobacco campus in Durham, NC.+ Read More

Women's Private Equity Summit '12 Sponsor

March 15 - 16, 2012 - Square 1 is proud to sponsor the Women's Private Equity Summit '12 being held at the Ritz Carlton in Half Moon Bay, CA on March 15-16, 2012.+ Read More

CED Life Science Conference Sponsor

February 15 - 16, 2012 - Square 1 is proud to sponsor the 21st annual Council for Entrepreneurial Development (CED) Life Science Conference being held on February 15-16, 2012 at the Raleigh Convention Center in Raleigh, NC.+ Read More

NVCA IT Reception Sponsor

February 9, 2012 - Square 1 is proud to sponsor the National Venture Capital Association (NVCA) IT Reception, being held February 9 at the Quadrus Conference Center in Menlo Park, CA.+ Read More

ComQi Announces $3 Million Credit Facility from Square 1 Bank

February 2, 2012 - Square 1 Bank is proud to partner with ComQi.+ Read More

Florida Venture Forum Sponsor

January 31 - 1, 2012 - Square 1 is proud to sponsor the Florida Venture Forum being held on January 31, 2012 in Naples, FL.+ Read More

Zmags Raises $7 Million

January 10, 2012 - Square 1 is proud to partner with Zmags on their financing. Bob Foley, Square 1 Managing Director, was quoted saying, "Zmags' SaaS technology is squarely in the sweet spot of the mobile, tablet and social commerce areas."+ Read More

Square 1 Announces $5 Million Credit Facility to IntegenX, Inc.

December 21, 2011 - Menlo Park, CA – Square 1 Bank is pleased to provide a $5 million debt facility to Pleasanton, CA based IntegenX Inc. IntegenX manufactures and markets automated microsample preparation systems for the life sciences industry.+ Read More

Square 1 Announces $3 Million Credit Facility to ViaCyte, Inc.

December 20, 2011 - San Diego, CA – Square 1 Bank is pleased to provide a $3 million line of credit to ViaCyte, Inc., a stem cell engineering company dedicated to creating and commercializing cell therapies to treat diabetes. The company's goal is insulin independence without immunosuppression, hypoglycemia, or other diabetes-related complications.+ Read More

Startup America Partnership Board Convenes, Announces New Partner Offerings at White House

December 8, 2011 - Today at the White House, Startup America's all entrepreneur board announced additional partner resources and offerings, including naming Square 1 Bank as one of six new affiliates.+ Read More