Square 1 Bank provides $3 mln to Accelerize New Media
Summary
Square 1 Bank has provided a $3 million credit facility to Accelerize New Media Inc., which owns CAKE, a SaaS-based solution that tracks and analyzes spend for online marketing campaigns. Square 1 Bank (Nasdaq:SQBK), the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a $3 million credit facility to Accelerize New Media, Inc. (OTCQB:ACLZ), who owns and operates CAKE, an advanced SaaS-based solution that tracks and analyzes spend for online marketing campaigns. CAKE offers user-friendly tools for advertisers, agencies, networks and publishers to optimize the impact of digital marketing campaigns. The CAKE platform supports multiple languages and currencies so online marketers can track and better target their digital spend on a global scale. Square 1’s expertise, focus and strong capital base provide flexible resources and unmatched support to meet our clients’ needs.