Colorescience® Announces Successful Completion of $6.5 Million Debt Financing

CARLSBAD, CALIF. -- February 10, 2016 -- Colorescience today announced the successful completion of a $6.5 Million debt financing with the Life Sciences Group of Bridge Bank, a division of Western Alliance Bank. The financing is funded in two tranches with $4 million funded immediately and $2.5 million funded as early as September 1, 2016.

Bridge Bank Provides $10 Million Credit Facility to Spark Networks

Los Angeles – February 9, 2016 - Bridge Bank announced today that it has provided Spark Networks, Inc. (NYSE:LOV) with a $10 million revolving credit facility. Spark Networks is a leader in creating communities that help individuals form life-long relationships. Spark’s core properties, JDate®.com (www.jdate.com) and ChristianMingle®.com (www.christianmingle.com), are communities geared towards singles of the Christian and Jewish faiths.

Forbes Magazine Ranks Western Alliance #10 Of '2016 Best Banks In America'

PHOENIX (Feb. 4, 2016) – Forbes’ assessment of the 100 largest U.S. banks weighed key metrics including asset quality, capital adequacy, growth and profitability, net interest margin, nonperforming assets as a percent of assets, reserves as a percent of nonperforming loans, two capital ratios (Tier 1 and risk-based) and revenue growth over the last 12 months. The banks on Forbes’ list ranged in asset size from $7 billion to $2.4 trillion, including $14-billion Western Alliance as #10.

Bridge Bank's Life Sciences Group Hires Lindsay Schwallie as Vice President of Portfolio Management

San Diego, CA – January 28, 2016 – Bridge Bank’s Life Sciences Group (LSG) today announced the hiring of Lindsay Schwallie as vice president of portfolio management. Ms. Schwallie will oversee LSG’s west coast underwriting and portfolio management activity to assist in the growth of Bridge Bank’s efforts to provide customized financial solutions to life sciences companies, including biotech, medical devices and pharma verticals.

Pages

Getting Started

Find your ideal banker:

Select any filter and click on Apply to see results

Featured Insights

Success in the world of biotechnology and life sciences requires a level of patience that is foreign to most types...

A new report released by KPMG International and CB Insights said...

Startup accelerator Y Combinator is known for its innovative model in providing...

Beginning June 24, 2016, the Small Business Administration will start accepting...

In the continued trend of...

According to venture capitalist Bryce Roberts, traditional venture capitalism...

The mobility services landscape has been developing quickly, with ride-hailing...

Venture capital firm Y Combinator, which many call the world's most powerful...

Healthcare has been slower than other industries to adopt digital technologies....

HP Inc., a company that stemmed from the division of Hewlett-Packard, recently...

Recent News

07/25/16
Durham, NC -- July 25, 2016 -- Bridge Bank’s Life Sciences Group (LSG) today...
07/21/16
San Francisco, CA -- July 21, 2016 -- Bridge Bank’s Life Sciences Group (LSG) today...
07/01/16
MONMOUTH JUNCTION, N.J, July 1, 2016 - CytoSorbents Corporation (NASDAQ: CTSO), a...
06/23/16
SUNNYVALE, CA -- 06/20/16 -- Viveve Medical, Inc. ("Viveve") (NASDAQ: VIVE), a...
06/21/16
New Office on Famed Sand Hill Road Furthers Bridge Bank's Commitment to Serving...
06/01/16
Oakland, CA – June 1, 2016 – Bridge Bank today announced the recent hiring of...
05/23/16
New Office Located in the Historic Russ Building Expands Bridge Bank’s Offering SAN...
05/04/16
Ruvalcaba Receives 2016 Character Award San Jose, CA – May 4, 2016 – Bridge Bank...
04/28/16
San Jose, CA – April 28, 2016 - Bridge Bank and Trinity Capital Investment, a...
04/01/16
SOUTH SAN FRANCISCO, Calif., April 01, 2016 -- Sunesis Pharmaceuticals, Inc. (Nasdaq...

Twitter

Featured Insights

Featured Insight

Success in the world of biotechnology and life sciences requires a level of patience that is foreign to most types...

Featured Insight

Valuations in the venture capital (VC) market are either in decline or flattening out, primarily due to inflated...

Featured Insight

Financial institutions operate at the heart of our economic system and as such, are hyper-aware of market indicators...

Recent News

A new report released by KPMG International and CB Insights said...

Startup accelerator Y Combinator is known for its innovative model in providing...

Beginning June 24, 2016, the Small Business Administration will start accepting...

Twitter