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Bridge Bank Provides $10MM Facility to Spark Networks

February 09, 2016, 07:52 AM
Filed Under: Technology

Bridge Bank announced that it has provided Spark Networks, Inc.  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 ( and ChristianMingle®.com (, are communities geared towards singles of the Christian and Jewish faiths.

"We're very pleased to have the opportunity to work with the team at Spark Networks," said Mark Breneman, senior vice president in Bridge Bank's Southern California Technology Finance Group. "They have made tremendous strides in a short period of time to re-launch their iconic brands to the market. We look forward to supporting their continued success," added Breneman.

"We're excited by the growth opportunities associated with the re-launch of our iconic brands and it is important to us to partner with a technology-focused bank that understands our situation and can work alongside us," said Michael Egan, chief executive officer at Spark Networks. "Bridge Bank's Southern California team really took the time to appreciate our new business model and delivered a customized financial solution that is a great fit for us," he added.

The Spark Networks portfolio of consumer Web sites includes, among others, JDate®.com (, ChristianMingle®.com (, Spark®.com (,® (, and SilverSingles®.com (

Bridge Bank is a division of Western Alliance Bank, the go-to-bank for business in its growing markets. Bridge Bank was founded in 2001 in Silicon Valley to offer a better way to bank for small-market and middle-market businesses from across many industries, as well as emerging technology companies and the private equity community.

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