Bridge Bank announced that it has provided Digital Trends, a leading consumer technology publisher headquartered in Portland, Oregon, a $2.5 million line of credit to support its working capital needs.
"We are pleased to support Digital Trends as they continue to pursue their goal of becoming the premier consumer technology content provider on the internet," said David Feiock, assistant vice president in Bridge Bank's San Francisco Capital Finance Team. "Digital Trends embodies the entrepreneurial spirit necessary for success and we are thrilled to be a part of their story."
"Bridge Bank is an important partner that understands our business and what it takes to keep our growth on track," said Ian Bell, CEO and publisher of Digital Trends. "We're very proud to have grown our readership by 300 percent over the last three years and to be partnered with some of the world's most prestigious brands including Ford, LG, Samsung and Microsoft, among others. We're excited to have the foundation provided by Bridge Bank in place to support us as we solidify ourselves as one of the world's leading tech resources in the years ahead."
Digital Trends is a leading consumer technology publisher that aims to demystify technology, helping people navigate an increasingly digital world. Digital Trends' easy-to-understand product reviews, entertaining news and videos serve more than 20 million unique visitors each month and four million mobile users. Digital Trends reaches 90 million tech influencers through the Digital Trends Tech Network, and its syndicate partners include Yahoo!, FOX News and more than 200 broadcast news stations. Digital Trends is headquartered in Portland and has offices in New York City, San Francisco and Chicago.
Bridge Bank is a full-service commercial bank crafting the flexible solutions that small- and mid-market businesses, and emerging technology companies, need to thrive in the modern economy.