Square 1 Bank, a division of Pacific Western Bank, announced the promotion of Sean Lynden to executive vice president, technology banking. In this role, Lynden will lead the technology banking practice nationwide managing teams in Austin, TX; Boston...
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April 23, 2019, 09:10 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $5 million credit facility to new client Zenflow, a privately-held urologic medical device company. Proceeds from the facility will support short-term and long-term...
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November 27, 2018, 07:00 AM
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Square 1 Bank, a division of Pacific Western Bank, announced it has provided a $5 million credit facility to new client BrainStorm, creator of the QuickHelp™ software adoption platform. The company will utilize the facility to further accelerate...
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November 14, 2018, 08:00 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $45 million credit facility to existing client New State Capital Partners, a private equity firm specializing in middle-market investments. Proceeds from the facility...
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October 31, 2018, 07:30 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $2 million credit facility to new client DirectScale, a cloud-based software platform that supports direct and social selling companies and their salesforce. Proceeds...
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August 15, 2018, 07:00 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a credit facility to new client LiveSafe, a leading mobile safety communications platform. Proceeds from the facility will support sales-related initiatives and...
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June 28, 2017, 07:00 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $70 million syndicated credit facility to existing client Alert Logic, a leader in Security-as-a-Service solutions for the cloud. Proceeds from the facility...
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June 21, 2017, 07:13 AM
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Banc of California, Inc. announced that its Board of Directors has appointed Doug Bowers as President, Chief Executive Officer, effective May 8, 2017, and a director of the Board. Bowers' appointment follows a nationwide search by the Board's...
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April 28, 2017, 08:00 AM
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PacWest Bancorp and CU Bancorp announced the signing of a definitive agreement and plan of merger whereby PacWest will acquire CU Bancorp in a transaction valued at approximately $705 million.CU Bancorp, headquartered in Los Angeles, CA, is the...
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April 06, 2017, 07:19 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $15 million credit facility to new client Unum Therapeutics, a clinical stage biopharmaceutical company developing cellular immunotherapies for the treatment of many...
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March 15, 2017, 07:39 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $5 million credit facility to new client Argonaut Manufacturing Services, a leading contract manufacturer for biotech companies. Proceeds from the facility will...
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January 19, 2017, 08:00 AM
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Trupanion, a leading provider of medical insurance for cats and dogs, today announced that it has successfully amended its revolving credit facility, including an increase in the maximum borrowing amount from $20 million to $30 million and an...
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December 22, 2016, 07:00 AM
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Avidbank Holdings, Inc., parent company of Avidbank, announced today that Geoff Butner has joined the Bank as Senior Vice President and Deputy Chief Credit Officer. Butner brings nearly 30 years of experience in banking and financial services, most...
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December 16, 2016, 07:18 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7 million credit facility to new client TVA Medical, Inc., a medical device company serving the needs of patients with end-stage renal disease. Proceeds from...
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December 15, 2016, 07:19 AM
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Square 1 Bank, a division of Pacific Western Bank, provided a $3.25 million credit facility to new client InContext Solutions, a global leader in cloud-based virtual reality (VR) retail solutions. Proceeds from the facility will provide working...
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November 30, 2016, 07:07 AM
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Square 1 Bank, a division of Pacific Western Bank, provided a $7.5 million credit facility to new client BAROnova, Inc., a clinical-stage medical device company. Proceeds from the credit facility will supplement the company’s recently raised Series D...
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September 16, 2016, 07:36 AM
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Hercules Capital, Inc. announced the appointment of Paul Gibson as Managing Director in the Technology Group in Hercules’ Washington DC office.“I am pleased to welcome Paul to Hercules and to have such a seasoned investment professional join our...
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September 08, 2016, 07:18 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $10 million credit facility to new client Zavante Therapeutics, a clinical-stage biotechnology company. Proceeds from the facility will provide growth capital to...
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September 01, 2016, 07:25 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a credit facility to new client Revionics, a leading profit optimization company. Proceeds from the facility will provide working capital to expand Revionics’ strategic...
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August 26, 2016, 07:30 AM
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ReVision Optics, Inc. announced that it has secured a $10 million credit facility from Square 1 Bank. RVO announced receipt of U.S. Food and Drug Administration (FDA) approval for its Raindrop® Near Vision Inlay for the surgical correction of...
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August 18, 2016, 07:40 AM
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Square 1 Bank, a division of Pacific Western Bank, has provided a $5 million credit facility to new client YPrime, a clinical-trial solutions provider. Proceeds from the facility will be used to provide working capital as the company continues to...
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June 15, 2016, 07:33 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $3 million credit facility to new client Contactually, a user-focused relationship management platform. Proceeds from the facility will be used to support overall...
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June 08, 2016, 07:36 AM
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Square 1 Bank, a division of Pacific Western Bank, is announced the following leadership promotions:
Art Wasson was promoted from senior vice president, global treasury management, to executive vice president, Venture Capital Services + Global...
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May 11, 2016, 07:39 AM
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Bridge Bank, a division of Western Alliance Bank, has further strengthened its Equity Fund Resources (EFR) group with the addition of Barbara Fleming as Senior Vice President, Fund Services. With more than 30-years experience driving sales and new...
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March 18, 2016, 07:28 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that Frank Tower has been appointed as division president. In his new role, Tower leads the national venture banking practice and will focus on deepening existing relationships and growing...
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March 11, 2016, 07:37 AM
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Avidbank Holdings, Inc., parent company of Avidbank, announced that Bob Foley has joined the Bank as Senior Vice President & Northeast Regional Manager, Corporate Finance Division. Foley brings with him over 30 years of experience in corporate...
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March 02, 2016, 07:39 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $2 million credit facility to existing client, Autolist, Inc., an automotive sales search engine. Proceeds from the facility will be used to fuel the company's...
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February 18, 2016, 07:19 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a credit facility to new client, Chubbies, Inc. an e-commerce apparel company. Proceeds from the facility will provide working capital to finance accelerated...
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February 04, 2016, 07:55 AM
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Square 1 Bank, a division of Pacific Western Bank, has provided a $3 million credit facility to new client, PlayMaker CRM, Inc., a leading customer relationship management (CRM) solution for the post-acute care industry. Proceeds from the facility...
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January 21, 2016, 07:44 AM
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Square 1 Bank, a division of Pacific Western Bank, provided an $8 million credit facility to new client, Schweiger Dermatology Group, a leading provider of medical, cosmetic and surgical dermatology services in the New York metro area. Proceeds from...
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December 16, 2015, 07:37 AM
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Square 1 Bank, a division of Pacific Western Bank, has provided a multi-million dollar credit facility to existing client Foundation Radiology Group, a leading provider of diagnostic imaging services for community hospitals. Cafferty & Company served...
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December 03, 2015, 08:04 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7.5 million credit facility to new client Datera, Inc., an innovative company currently operating in stealth-mode. Proceeds from the facility will be used to...
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November 11, 2015, 07:57 AM
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Aratana Therapeutics, Inc., a pet therapeutics company focused on the licensing, development and commercialization of innovative biopharmaceutical products for companion animals, announced a $40 million senior secured credit facility with Pacific...
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October 16, 2015, 07:39 AM
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Square 1 Bank provided a $1 million credit facility to new client Molio, Inc., a creative and media agency focused on building brands through YouTube. Proceeds from the facility will be used to fuel the company's continued growth and expansion.A 2015...
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September 30, 2015, 07:41 AM
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Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a $1.475 million credit facility to Target Data, a data-driven marketing provider. Target Data utilizes its platform...
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August 26, 2015, 07:23 AM
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Optoro announced that it has received a $40 million debt financing commitment from TriplePoint Venture Growth BDC Corporation, a leading non-bank venture debt provider, and Square 1 Bank, the premier banking partner to entrepreneurs and the venture...
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July 29, 2015, 07:48 AM
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Square 1 Bank has strengthened its New England team with the addition of several key hires to support the commercial banking needs of entrepreneurs and investors in the region, including Julianne Tamasy as senior vice president and Jeff Griffor as...
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July 10, 2015, 07:23 AM
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Square 1 Bank announced that it has strengthened its Midwest team with the addition of new hires, Jay McNeil as managing director and Nick Honigman as vice president, to help lead its life sciences banking efforts. Based in Square 1 Bank's newest...
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June 09, 2015, 07:30 AM
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Square 1 Bank provided a $4.25 million credit facility to new client D3 Technology, Inc., a leader in Data Driven DigitalTM banking. Proceeds of the credit facility will refinance existing shareholder notes.D3 Technology provides financial...
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May 20, 2015, 07:23 AM
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Square 1 Bank announced that it has provided a credit facility to new client Invoca, the leading call intelligence platform. Proceeds of the facility will be used to extend existing working capital and support continued growth.Founded in 2008, Invoca...
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May 14, 2015, 07:09 AM
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Square 1 Bank provided a $10 million credit facility to new client TissueTech, Inc., a regenerative tissue-engineering company that provides therapeutic technologies to the ophthalmology, optometry, orthopedic and wound care markets. Proceeds of the...
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May 13, 2015, 07:21 AM
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Square 1 Bank provided a $3 million credit facility to new client AliveCor, a mobile health company that helps users take control of their heart health using the AliveCor® Heart Monitor and free AliveECG application (app). Proceeds of the credit...
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April 16, 2015, 07:33 AM
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PacWest Bancorp and Square 1 Financial, Inc. today announced the signing of a definitive agreement and plan of merger (the "Agreement") whereby PacWest will acquire Square 1 in a transaction valued at approximately $849 million. The Square 1 lending...
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March 02, 2015, 08:06 AM
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Square 1 Bank announced it has provided a $10 million debt facility to new client Sera Prognostics, Inc., a company focused on developing high-value women's health diagnostics to improve the health of pregnant women and newborns. Proceeds of the debt...
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February 12, 2015, 07:52 AM
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Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, announced Mark Breneman has joined Bridge Bank's Southern California Technology Banking Team as senior vice president and...
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January 30, 2015, 07:58 AM
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Square 1 Bank has increased its existing credit facility to Elite One Source Nutrisciences to $15.15 million. Elite One Source Nutrisciences is a leading contract manufacturer of nutritional supplements. Proceeds of the facility helped finance the...
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January 22, 2015, 07:16 AM
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Trevi Therapeutics, Inc., a late-stage clinical development company focused on developing Nalbuphine ER for chronic pruritus conditions, announced the closing of a $15 million senior secured term loan agreement provided by Solar Capital Ltd. as...
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January 09, 2015, 07:24 AM
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Square 1 Bank announced that it has provided a credit facility to new client, Renovo Motors, an automotive engineering company specializing in electric vehicle systems (EV). Proceeds will be used to provide additional working capital and drive...
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November 05, 2014, 06:58 AM
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Square 1 Bank announced that it has provided a $4 million credit facility to new client Varentec, a company that builds power management and monitoring solutions for the electric grid. Proceeds of the credit facility will provide working capital to...
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September 25, 2014, 07:17 AM
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Horizon Technology Finance Corporation announced it led a $10 million venture loan for IntegenX Inc. ("IntegenX"), the market leader in Rapid Human DNA identification technology. The venture loan was fully funded at closing, with Horizon, Square 1...
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September 23, 2014, 07:10 AM
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Square 1 Bank announced that it has strengthened its Mid-Atlantic team, with the addition of new hire Elizabeth Orsinger as vice president, technology banking, and promotion of Kay Parry to market leader. Based in Chevy Chase, the team supports the...
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September 11, 2014, 06:55 AM
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Netsertive, a marketing technology company that automates unified brand-to-local digital marketing, closed on over $10 million in financing, with over $7 million in the form of a credit facility with Square 1 Bank and the balance in equity investment...
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September 08, 2014, 07:37 AM
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Bridge Capital Holdings announced Alan Spurgin has joined its Technology Banking Division as senior vice president and group manager. Based in Reston, Virginia, Spurgin will be responsible for the management and development of Bridge Bank's business...
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September 04, 2014, 07:03 AM
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Square 1 Bank announced that Scott Coleman has joined the bank's small business lending group as vice president and business development officer. Based in Atlanta, Coleman will focus on business development efforts throughout Georgia and the greater...
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August 14, 2014, 07:34 AM
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Square 1 Bank provided a $5 million credit facility to new client Vascular Pathways Inc., a nationally recognized medical device manufacturer specializing in wire-guided Peripheral Intravenous catheter technology. Proceeds of the credit facility will...
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June 25, 2014, 06:59 AM
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Evoke Pharma, Inc., a specialty pharmaceutical company focused on treatments for gastrointestinal (GI) diseases, announced that it has secured a $4.5 million term loan agreement with Square 1 Bank. In advance of this transaction, Evoke repaid the...
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May 29, 2014, 07:19 AM
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Square 1 Bank announced that it has provided a $4.5 million credit facility to SpringCM, the leader in Content Cloud Services. Proceeds of the credit facility will be used to provide working capital to support the company's growth, including the...
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April 30, 2014, 07:27 AM
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Conventus Orthopaedics, Inc., has closed on a $10 million credit facility to help fund commercialization of the FDA cleared and CE-marked Conventus DRS to treat distal radius fractures and to further accelerate the development and commercialization...
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April 23, 2014, 07:26 AM
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Square 1 Bank provided a $3 million credit facility to Accelerize New Media, Inc, who owns and operates CAKE, an advanced SaaS-based solution that tracks and analyzes spend for online marketing campaigns. Proceeds will provide working capital to...
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April 16, 2014, 07:11 AM
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Square 1 Bank, announced that it has acquired substantially all of the assets and hired all employees of Sand Hill Finance, LLC, a Silicon Valley-based provider of accounts receivable financing solutions for emerging growth companies. “We are...
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January 03, 2014, 08:00 AM
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Square 1 Bank announced that it has provided a $4.5 million credit facility to Sittercity, the largest and most trusted online source for in-home care. Backed by existing investors Point Judith Capital, Apex Venture Partners, Baird Venture Partners...
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December 04, 2013, 07:39 AM
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Square 1 Bank announced it has provided a $7.5 million growth capital facility to San Jose-based Talari Networks. Proceeds from the facility will supplement working capital for the company. Talari Networks is a leading innovator in network...
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November 27, 2013, 07:37 AM
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NeoChord Inc., a developer of minimally invasive devices and procedures for mitral valve repair, announced that on Sep. 9, the company closed on a $3 million credit facility with Durham, NC-based Square 1 Bank, the premier banking partner to...
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October 25, 2013, 07:14 AM
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Square 1 Bank announced that Mark Breneman has joined as senior vice president covering the Los Angeles and Orange County region. Based in Orange County, Breneman will be responsible for building the bank’s portfolio of clients in the technology and...
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June 27, 2013, 07:44 AM
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