Daily News: October 17, 2018

Square 1 Provides $15MM Facility to CallRail


Square 1 Bank provided a $15 million credit facility to new client CallRail, a leading provider of call tracking and analytics software. Proceeds from the facility will be used to support the company’s continued growth and expansion.

Based in Atlanta, CallRail tracks and records content from phone conversations producing real-time analytics and actionable insights closing the attribution loop for marketers and marketing agency professionals. The company is backed by several leading investors including Sageview Capital and Leaders Fund.

“Securing credit with Square 1 positions CallRail to be even more agile with future growth opportunities,” said Mike Eis, chief financial officer of CallRail. “We’ve hit some big milestones this year and remain committed to acceleration; having ready-to-deploy financing is a critical part of that.”

Square 1 Bank is a division of Pacific Western Bank, a Los Angeles-based commercial bank with over $24 billion in assets.