We are pleased to announce that North Bridge Growth Equity (NBGE), a leading growth equity firm that invests in technology and technology-enabled companies, has invested $20.5 million in BrightTALK for a minority stake. The capital will primarily be used to accelerate the development of our technology for all those who use BrightTALK.
For the thought leaders who have grown to rely on BrightTALK to share their insights, their ideas and their most up-to-date knowledge with professionals all over the globe, this investment will facilitate the enhancement of the webinar and video technologies they use.
For the subscribers who have come to value BrightTALK as a source of business information, this investment will speed the expansion of the content that can be found on BrightTALK today and support the development of BrightTALK as a social environment where professionals connect with thought leaders and relevant knowledge.
Since Charlie Blackburn and I founded BrightTALK in 2002, BrightTALK has been dedicated to the development of easy-to-use technology for the online dissemination of thought leadership. We have built tools to help marketers create content, distribute it to the social Web and gain insight from those who engage with the content. We are delighted to partner with North Bridge to continue building on the BrightTALK vision and accelerate our development for our users.
Thank you for engaging with BrightTALK.