COSTA MESA, California, July 29, 2020 / PRNewswire / – Bridge bank announced today that it has granted a term loan to Deep lens, a Columbus, Ohiosoftware company based on accelerating recruitment for the best-suited cancer patient clinical trials to reduce study times and bring breakthrough therapies to market faster. The company is backed by Northpond Ventures, Sierra Ventures, Rev1 Ventures and Tamarind Hill.
“We view this additional funding as a vote of confidence in our business strategy as we continue to grow and develop,” said Simon arkell, president and co-founder of Deep Lens. “Success requires teamwork and we are delighted to have a business partner like Bridge Bank. The Bridge team really took the time to understand our business proposition. “
“Deep Lens has developed a highly disruptive solution for the rapid identification of patients in clinical trials,” said Marc Breneman, senior vice president of Bridge Bank’s Technology Banking group. “We are very excited to be working with the Deep Lens team and look forward to supporting their continued growth as they deploy a solution that will truly save lives. “
About Bridge Bank
Bridge Bank, a division of Western Alliance Bank, a member of the FDIC, helps corporate clients achieve their ambitions. Founded in 2001 in Silicon Valley, Bridge Bank offers a better way to do banking for small and medium businesses across many industries, as well as emerging technology companies and the private equity community. Aimed at serving both venture capital and non-venture capital funded businesses, Bridge Bank offers a wide range of financial solutions, including credit facilities for capital, equipment and working capital. , risk debt, cash management, asset lending, SBA and commercial real estate. loans, ESOP financing and a full range of international products and services. Situated at San jose, Bridge Bank has 16 offices in major markets across the country as well as Western Alliance Bank’s powerful portfolio of specialized financial services. Western Alliance Bank is the main subsidiary of Phoenixbased at Western Alliance Bancorporation. One of the nation’s top-performing banking companies, Western Alliance has been ranked in the top 10 on the Forbes list of “America’s Best Banks” for five consecutive years, 2016-2020, and was named No. 1 of the best performing of the 50 largest banks. U.S. Banks for 2019 by S&P Global Market Intelligence. For more information visit bridgebank.com.
About Deep Lens
Deep lens is a software company focused on a revolutionary approach to accelerate the recruitment of cancer patients best suited to clinical trials. By identifying patients at the time of diagnosis and combining lab, EMR and genomic data, VIPER, Deep Lens’s integrated cloud platform, provides healthcare teams with visibility and workflows to accelerate recruitment and reduce study times in order to bring revolutionary therapies to market more quickly. Growing with sponsors, suppliers and strategic partners, Deep Lens challenges the status quo so that patients can get the therapies they want and deserve. Situated at Columbus, Ohio, Deep Lens is growing with major biopharmaceutical, supplier and strategic partners to challenge the clinical trial recruiting status quo and was most recently named to the inaugural Digital Health 150 ranking, featuring the 150 most private digital health companies. promising in the world and the 90 + Startups in Health by CB Insights. For more information visit deeplens.ai or connect on LinkedIn and Twitter.
SOURCE Bridge Bank
