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MAY 20, 2013 - Washington Business Journal

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Rimini Street borrows $15 million from Bridge Bank

Rimini Street Inc. borrowed $15 million from Bridge Bank, and plans to spend the money on expanding its business around the world. Redwood City-based Rimini Street does maintenance and support work for business software sold by giants like SAP AG (NYSE: SAP) and Oracle Corp. (NASDAQ: ORCL). Seth Ravin is the company's CEO. Bridge Bank is part of holding company Bridge Capital Holdings (NASDAQ: BBNK), which is based in San Jose and led by President and CEO Daniel Myers.

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