SpringCM announced raising USD18 million led by Goff Capital, Foundation Capital and Square 1 Bank. The announcement was made today adding that the funding round would be used to expand company operations in sales and marketing division.
Square 1 Bank
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Square 1 Bank completed the acquisition of Silicon Valley-based Sand Hill Finance, a financing solutions provider for emerging growth firms. Financial terms about the transaction were not disclosed.
A USD 4.5 million credit facility was granted to Chicago-based online provider for in-home care Sittercity by Square 1 Bank, a bank that exclusively caters to the needs of entrepreneurs and the venture capital community.
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