Brightpearl announces £24.5 million Series C funding round and new partnership with Sage
- On December 22, 2020
- By GrowthInvest Marketing
At a time of transformation for the retail sector, Sage and Brightpearl announce a partnership to accelerate digital transformation for retail customers.
Brightpearl’s £24.5 million funding round was led by Sage with existing investors including MMC, Cipio Partners, Notion Capital and Verdane also participating. Sage invested £17 million in the round and will take a seat on the Brightpearl board. Under the partnership Sage and Brightpearl will help retail and e-commerce customers take advantage of best-of-breed cloud finance and retail management solutions, supporting them on their digital journey. The partnership with Brightpearl is consistent with Sage’s broader strategy to invest in complementary high growth cloud-based software applications.
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