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Brightpearl Raises $10 M To Help Retailers With Management Tools

An enterprise platform that helps small to medium sized retailers with its cloud based management tools, received $10 million in series C funding round led by MMC Ventures and participated by other investors including Quayle Munro, Eden Ventures and Notion Capital.

The total funding raised for Brightpearl is $23 million, which included previous investments, valued $8 million from last year and $5 million in 2011.

The latest investment will be used for company expenses and push through on investment in products and sales expansion. Brightpearl offers cloud-based services in multi-channel retail management systems. This system is used for inventory, customer data, reporting, accounting and order integration.

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