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Holly Madison

Courtesy: Denise Truscello

Holly Madison’s bouncing baby girl has a name! And it’s full of creativity and color.

The former Playboy model has exclusively revealed to E! News that she and beau Pasquale Rotella decided to name their daughter Rainbow Aurora Rotella, and the new mom also shared the meaning behind the moniker.

“I wanted to give my daughter a unique name,” the former Girls Next Door star tells E!. “Growing up, there was a girl in my school named Rainbow and I was so envious of that name. I thought it was so pretty and unique!” 

So sweet! And the first-time mother is clearly excited about the new addition to her family, telling In Touch weekly she "couldn't be any more overjoyed" after welcoming her daughter Tuesday.

Madison's man also gushed over the couple's bundle of joy to the mag, "I've never been more in love than I am today as, after months of waiting, I finally was able to hold my daughter for the first time…I'm truly the luckiest man in the world."

The pair's bouncing baby girl was born March 5 at 11:59 a.m. and weighed in at 7 pounds, 2 ounces.

Congrats, you two! Can't wait to see pics of little Rainbow.