Brightpearl Raises $5M in Series A Funding

Brightpearl (formerly known as Pearl), a Bristol, UK-based company that develops an end-to-end web based solution for SMEs that provides a fully integrated accounting, CRM, order and stock management, ecommerce and helpdesk capability, has raised an additional $5m in Series A funding.

Investors include Notion Capital and Eden Ventures.

Brightpearl intends to use the funds to further expand in the US, where it has already launched, and other markets and further develop its cloud-based solution.

Set up by in 2007 Chris Tanner and led by CEO Salman Malik, Brightpearl is designed to allow SMEs to run their entire business in one single system. The solution is made up of a number of modules, covering eCommerce, Inventory management, Accounting, CRM, Order processing, Contact management and CRM and Servicedesk.

FinSMEs

25/05/2011

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