Based in Bristol, U.K., Brightpearl claims about 1,000 retail customers. The Sage investment was the majority of the $33 million Brightpearl raised in Series C funding with existing shareholders, Cipio Partners, Notion Capital and Verdane investing the rest of the total.
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SAGE INVESTS IN BRIGHT PEARL Featured
Sage has invested about $23 million in BrightPearl which markets retail systems. Sage will also take a seat on Brightpearl’s board.