Graham Partners has made an investment in Los Gatos, California-based BrightSign, a provider of purpose-built media players, cloud-based networking solutions and systems software for the worldwide digital signage market. No financial terms were disclosed.
Graham Partners, a private investment firm targeting technology-driven advanced manufacturing companies, is pleased to announce that it has invested in BrightSign, LLC (“BrightSign”). Headquartered in Los Gatos, California, BrightSign is an innovative, market-leading provider of purpose-built media players, cloud-based networking solutions, and systems software for the worldwide digital signage market. BrightSign’s vertically integrated technology positions the company as an end-to-end digital experience provider for a variety of high-growth end markets including retail, healthcare, education, attractions, stadiums, and transportation, among others.
BrightSign was sourced on a proprietary basis through Graham Partners’ Investment Theme Program with a specific focus on the digital signage space. This outreach ultimately resulted in the investment in BrightSign, and the company’s founders will continue to be significant investors alongside of Graham Partners. Digital signage is becoming more intelligent, leveraging software solutions, customer data, and Internet of Things (“IoT”) sensors to provide an enhanced customer experience. BrightSign’s hybrid hardware and software model is optimized to meet the evolving complexity of customer needs and the advancing capabilities of the industry.
Rob Newbold, Managing Principal at Graham Partners, said, “BrightSign is a leading, innovative player in the industry with superior technology and strong customer and partner relationships. Graham plans to leverage the company’s leading market position and continue its expansion into high-growth end markets and technology partnerships.” Jeff Hastings, Chief Executive Officer of BrightSign, added, “Graham Partners’ operating resources and expertise investing in IoT resonated with the BrightSign team. We are excited to partner with Graham to enhance and expand our company.”
About BrightSign (www.brightsign.biz)
BrightSign LLC, global market leader in digital signage media players, is headquartered in Los Gatos, California, with offices in Europe and Asia. BrightSign manufactures media players and provides software and networking solutions for the commercial digital signage market worldwide, serving all vertical segments of the digital signage marketplace. From entry-level BrightSign LS players to BrightSign XT players offering state-of-the-art technology and unsurpassed performance, BrightSign’s products are known for their signature reliability, affordability, ease-of-use, and market-leading technology. For more information, visit www.brightsign.biz.