Square 1 Bank, a banking partner to entrepreneurs and the venture capital community, has appointed Michael Madden as senior vice president and managing director in the firm’s Boston office.
Madden will be responsible for expanding Square 1 Bank’s presence in the technology market and fostering relationships with entrepreneurs and venture capital firms throughout New England.
“Michael brings energy, experience and a shared commitment to the entrepreneurial ecosystem, and we are delighted to welcome him to the Square 1 Bank team,” says Doug Bowers, president and chief executive. “This is an exciting time for Square 1 Bank as we continue to grow and expand our market coverage across the country. Michael’s experience with high-growth technology companies, along with his proven track record in the venture capital space, will be extremely valuable in establishing relationships in the New England market.”
Prior to joining Square 1 Bank, Madden was a principal at Edison Ventures, where he led the firm’s investment efforts in numerous technology industry sectors in the New England market. Previously, he held similar roles at Polaris Venture Partners and Summit Partners, leading investments in growing technology companies. Having spent his entire venture capital and private equity career in Boston, Madden is an active member of the startup community in the Northeast. He has been an investor, board member and adviser to a wide range of companies across the region.
Madden says: “Square 1 Bank ‘gets’ entrepreneurs and the venture capital community. The combination of Square 1′s success in this space and the bank’s future growth plans created the perfect fit for me. I am excited to join the team, and look forward to bringing my experience, network and perspective to lead our growth in the Northeast.”
