Wednesday, July 16, 2008

Brightree , developer of the fastest growing business management solution

What Company Is Offering:

Brightree LLC is headquartered in Duluth, GA and delivers an integrated suite of online Internet-based business management software solutions to Home Medical Equipment providers, Durable Medical Equipment providers, Orthotics & Prosthetics practitioners, Sleep Labs, and Pharmacies.

How Much They Got From VCs:

Brightree LLC, developer of the fastest growing business management solution for the Home Medical Equipment (HME), Durable Medical Equipment (DME), Orthotics & Prosthetics (O&P) and Sleep Therapy markets, today announced that it has received a significant investment from Battery Ventures. Brightree intends to use the new capital to accelerate its growth, consolidate the markets it serves, and expand into new markets.

“Brightree has all of the elements we look for in our later stage investments: a profitable, fast growth business, a market-leading product with happy customers, and an experienced management team at the helm,” said Neeraj Agrawal, general partner at Battery. “The company is in an excellent position to continue to grow organically as well as to acquire complementary companies to extend their leadership position.”


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