Square 1 Bank 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.
The company, backed by Steve Anderson of Baseline Ventures, provides detailed go-to-market strategies for B2B and B2C businesses seeking to increase their web presence and get in front of a broader audience. Services include engineering, design, analytics, branding, SEO, SEM, social media, affiliate marketing, email marketing, display advertising, video and motion.
“Working with Square 1 has been seamless and easy. They understand the entrepreneurial spirit and are proponents of providing support for growing businesses. The way they approach business relationships should be a model for all banks to follow,” said Matt Quirie, chief executive officer of ROI DNA.
Referred by existing Square 1 client, Antony Brydon, ROI DNA maintains an international presence with offices in San Francisco, Paris and Moscow. Brydon is CEO and co-founder of Directly, a website dedicated to helping customers get fast, personal attention from an independent community of experts. Directly also utilizes ROI DNA’s digital marketing services.
Andy Weyer, vice president in Square 1 Bank’s Silicon Valley office, added, “ROI DNA has everything we look for when underwriting a new loan: experienced management, top tier investor support, outstanding customer references and best-of-breed products and services in their space. We’re very pleased to count ROI DNA as a valued partner and look forward to a long and mutually beneficial relationship ahead.”
Square 1 Bank is a full service commercial bank dedicated exclusively to serving the financial needs of the venture capital community and entrepreneurs in all stages of growth and expansion.
ROI DNA is a full service ecommerce marketing agency founded in 2009.