The advantage with enterprise startups if that they can be based just about anywhere. And that’s proved today with the news that Brightpearl, which a cloud-based business management system aimed at small to mid sized multi-channel retailers, has raised another $10m. The round led my MMC Ventures with participation from Quayle Munro and existing investors Eden Ventures and Notion Capital. That bring its total funding to date to around $24 million after previous funding rounds, including $8 million last year, and $5 million in 2011. This latest round will be used to accelerate investment in product and sales expansion.

Published in Deals & Funding