Brightpearl Achieves New Growth Milestone, Expands Leadership Team

Commerce Acceleration Platform volume reaches $700 million in gross merchandise traded value; company adds CTO and SVP of Sales in the Americas

SAN FRANCISCO, Calif. and BRISTOL, UK – June 04, 2013: This announcement comes on the heels of news of three new partner integrationskey new hires for Chief Marketing Officer and VP Finance, and $8 million in Series B funding. Brightpearl’s Commerce Acceleration Platform growth milestone is further evidence of the company’s accelerating momentum in providing multi-channel retailers with an easy-to-use, full-featured cloud solution at a fraction of the cost of traditional systems.

“Brightpearl is on the fast track to making our Commerce Acceleration Platform the leading choice for rapidly-growing multi-channel retailers in the US and UK markets,” said Salman Malik, chief executive officer of Brightpearl. “Our most recent platform milestone demonstrates that our customers are harnessing the power and ease of our system to scale their businesses faster than ever. With an expanded, experienced leadership team now in place, we have the capacity to continue supporting our customers’ hyper-growth and success.”

Mark Heath joins Brightpearl as chief technology officer. He has deep experience in leading engineering teams in the development of innovative cloud-based ecommerce systems. Previously he was vice president of products, XenServer at Citrix Systems. Before Citrix, Mark held senior engineering positions at ByteNight, Truphone and Symbian. Mark holds an MSc in software engineering from the University of Oxford, an MBA from the University of Surrey and an MSc in electronic system design from Cranfield University.

“Brightpearl’s Commerce Acceleration Platform empowers retailers to take full advantage of all retail channels to drive their growth and success,” said Mark Heath. “I am delighted to join this team and help drive our rapid growth and innovation.”

Carter Perez joins Brightpearl as senior vice president of sales in the Americas. Before Brightpearl, Carter was executive vice president of sales and marketing for HA Advantage, where he and his team grew revenues from startup to over $23 million in just 37 months. He has also held senior sales positions at YouSendIt and BirdDog Solutions. Carter holds a BS/BA from Vanderbilt University.

“I joined Brightpearl because I saw an opportunity to have significant impact in an exciting and rapidly-growing market with a terrific product platform,” said Carter Perez. “I look forward to helping to make Brightpearl a household name with retailers and accelerating adoption of our Commerce Acceleration Platform throughout the Americas.”

About Brightpearl

Brightpearl is powerful-yet-simple retail and inventory management software that helps small- and medium-size retailers and wholesalers expand and compete with larger rivals by streamlining sales and supply chain functions across multiple online and offline channels. Brightpearl’s cloud-based software and services enable multichannel merchants to manage the heart of their business by combining purchasing, inventory management, CRM, order processing, accounting, fulfillment, and reporting into a single reliable platform. Founded in 2007 with offices in the U.S. and UK, Brightpearl is used by more than 1,400 merchants around the world. For more information, visitwww.brightpearl.com or @BrightpearlHQ.

Media Contact:

Grainne Shaughnessy
media@brightpearl.com
+44 (0)117 981 7361