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Fulcrum Equity Partners Invests in Bright Light Systems
By: PR Newswire
Dec. 12, 2012 12:21 PM
ATLANTA, Dec. 12, 2012 /PRNewswire/ -- Fulcrum Equity Partners ("Fulcrum") announced today it led the $1.9 million Series A growth equity financing for Bright Light Systems, Inc. ("BLS"). Based in Alpharetta, Ga., BLS designs, manufactures and sells energy efficient lighting solutions with a particular focus on Light Emitting Plasma ("LEP") technology. BLS has also developed a wireless control software system for the remote management of its proprietary luminaires.
Brad Lurie, CEO of BLS, is positioning the company as a leader in the LEP space. "We are excited to partner with Fulcrum to fuel our growth as we look to build a world-class company that can make a positive impact on the environment for generations to come," he said. "This transaction, coupled with Fulcrum's experience in building premier technology companies, will enable our continued growth."
"We have been impressed with Brad, his team and their innovative lighting solutions that provide dramatic benefits, including significant energy savings, improved security and reduced light pollution," said Jeff Muir, a partner at Fulcrum. "They have the unique opportunity to build a very special company, and we look forward to leveraging our operating experience to help take advantage of BLS's tremendous market potential."
About Bright Light Systems
About Fulcrum Equity Partners
SOURCE Fulcrum Equity Partners
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