Daily News: June 12, 2014

Square 1 Announces Credit Facility to Education Elements

Square 1 Bank announced that it has provided a $1.5 million credit facility to new client Education Elements, a nationally recognized personalized learning solutions company that partners with districts and schools to transform teaching and learning through integrating technology and pedagogy in the classroom. Proceeds of the credit facility will provide working capital to support the company’s future growth.

“We are excited to work with a bank that has a deep understanding of technology start-ups and their needs,” says Anthony Kim, CEO of Education Elements. “We are confident that Square 1 will be a terrific partner as we continue our rapid trajectory.”

Square 1 Bank is a commercial bank dedicated exclusively to serving the financial needs of the venture capital community and entrepreneurs in all stages of growth and expansion.