Atlanta, GA
-- Jan. 26, 2000 - Silicon Valley Bank, a wholly owned
subsidiary of Silicon Valley Bancshares, has named Darrell
Glasco Venture Capital Relationship Manager in its Southeast
Division. The Southeast Division serves over 300 venture-backed
emerging technology and life sciences companies through its
Atlanta headquarters and its regional offices in West Palm
Beach, Fla., Research Triangle Park, N.C., and Reston, Va.
Glasco will be the focal point for establishing
stronger relationships between the Bank and the Southeast
venture capital community, facilitating referrals and creating
opportunities for the Bank and venture firms to work together
in promoting the region's emerging technology companies. Glasco
will assist the Bank's Southeast Division in matching its
emerging technology clients with the appropriate venture
capital firms within the region and with firms on both
coasts.
"If I had to write a job description for
myself, this would be it," said Glasco. "The Bank is a great
organization and a good fit for my passion of serving emerging
technology companies."
Most recently, Glasco was vice president of
Economic Development for the Metro Atlanta Chamber of Commerce,
where he developed relationships with venture capital firms and
encouraged their growth in the Atlanta area. He also served as
vice president of Economic Development for the Greater Austin
Chamber of Commerce.
While in Austin, Glasco was a significant
influence in Silicon Valley Bank's decision to open a regional
office in Austin to serve local emerging growth technology
companies. "Darrell comes to us with a wealth of experience in
the local technology community and will contribute greatly to
our ability to serve our emerging technology clients," said Tom
Vertin, division manager of Silicon Valley Bank's Southeast
Division. "He understands the challenges facing emerging
technology companies and nuances of the investor/entrepreneur
relationship. The venture capital community is central to our
efforts in the Southeast. With Darrell's assistance, we will
communicate more frequently and meaningfully with the venture
capital firms of the Southeast."
Glasco was a judge for the Ernst & Young
Entrepreneur of the Year Award and a former member of the Texas
Economic Development Council. He earned his bachelor's degree
in architecture from Texas Tech University and a master's
degree in community and regional planning from the University
of Texas in Austin.
Silicon Valley Bank serves emerging growth and middle market
companies in targeted niches, focusing on technology and life
sciences, while also addressing other specific industries in
which it can provide a higher level of service and better
manage credit through specialization and focus.
The Bank operates throughout the Silicon Valley: Santa
Clara, Palo Alto and Sand Hill, the center of the venture
capital community in California. Other regional offices within
California include: Irvine, Los Angeles, Napa Valley, San
Diego, San Francisco, Santa Barbara, and Sonoma. Office
locations outside of California include: Phoenix, Arizona;
Boulder, Colorado; West Palm Beach, Florida; Atlanta, Georgia;
Chicago, Illinois; Boston, Massachusetts; Minneapolis,
Minnesota; Durham, North Carolina; Portland, Oregon;
Philadelphia, Pennsylvania; Austin, Texas; Dallas, Texas;
Northern Virginia; and Seattle, Washington.
SVB Contact:
David Grandey, (408) 654-7289, dgrandey@svbank.com.