Daily News: December 23, 2014

Bridge Bank Provides RichRelevance Facility

Bridge Capital Holdings provided RichRelevance with a $13 million credit facility to support additional working capital needs.

“RichRelevance is the recognized market leader when it comes to personalization solutions for online retailers,” said Joel Gragg, SVP and team lead in Bridge Bank’s technology banking division. “The company offers the most robust and scalable platform on the market today, as demonstrated by their blue chip, global customer base. We are thrilled to be partnering with the team at RichRelevance at this period of growth in their business.”

“Bridge Bank has been instrumental in partnering with us as we continue to experience rapid growth,” said David Selinger, CEO of RichRelevance. “We look forward to the role that Bridge Bank will play in meeting our financing needs,” he added.

RichRelevance is a global provider of omnichannel personalization.