Square 1 Bank Provides $10.5MM Facility to SparkPost
Square 1 Bank provided a $10.5 million credit facility to new client SparkPost, a cloud email infrastructure provider.
Square 1 Bank provided a $10.5 million credit facility to new client SparkPost, a cloud email infrastructure provider.
Square 1 Bank provided a $15 million credit facility to new client Unum Therapeutics, a clinical stage biopharmaceutical company developing cellular immunotherapies for the treatment of cancer.
Square 1 Bank provided a $4 million credit facility to new client Recursion Pharmaceuticals.
Square 1 Bank provided a $5 million credit facility to new client Argonaut Manufacturing Services, a contract manufacturer for biotech companies.
Square 1 Bank hired Kevin Johnson as managing director of the Mid-Atlantic region and Dhruv Patel as vice president on the Southeast banking team.
Square 1 Bank provided a $7.5 million credit facility to new client ScaleArc, a provider of database load balancing software.
Trupanion, a provider of cat and dog medical insurance, amended its revolving credit facility to increase the maximum borrowing amount from $20 million to $30 million. Bridge Bank joined existing lender Square 1 Bank.
Square 1 Bank provided a $7 million credit facility to new client TVA Medical. Proceeds from the facility will help fund ongoing company operations including global clinical and market development initiatives.
Geoff Butner joined Avidbank as SVP and deputy chief credit officer. He was most recently with Square 1 Bank as SVP, risk manager. Before that, he was with Silicon Valley Bank as SVP, credit officer.
Square 1 Bank provided a $3.25 million credit facility to new client InContext Solutions, a provider of cloud-based virtual reality retail solutions.