Square 1 Provides $3MM Facility to SellPoint
Square 1 Bank said it has provided a $3 million debt facility to SellPoint, an online video advertising platform based in San Ramon, CA.
Square 1 Bank said it has provided a $3 million debt facility to SellPoint, an online video advertising platform based in San Ramon, CA.
Square 1 Bank provided a $3 million term loan to SteadyMed Therapeutics, a specialty pharmaceutical company. Proceeds provide working capital to SteadyMed while it develops its proprietary PatchPump technology and complete clinical trials for FDA Approval.
Square 1 Bank provided a $1.4 million term loan to Stitch Labs, an inventory management company. Proceeds will be used to support company growth.
Square 1 Bank provided a credit facility to ROI DNA, a full-service B2B and B2C ecommerce marketing agency. Proceeds will be used to provide working capital to support growth.
Peerless Network, a provider of carrier and enterprise interconnection services, said it has secured $15 million in debt financing from Square 1 Bank.
Square 1 Bank said it provided a $5 million debt facility to new client, Kovio, whose investors include Kleiner Perkins Caufield & Byers, DAG Ventures and Tyco.