Tech Company Financing Transactions

FirstBest Systems Funding Round

FirstBest Systems closed a $10 million funding round on 4/3/2012. Backers included Brookstone Partners, Flybridge Capital Partners and NewSpring Capital.

Transaction Overview

Company Name
FirstBest Systems
Announced On
4/3/2012
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors

Brookstone Partners (Michael Toporek)

Flybridge Capital Partners (Chip Hazard)

NewSpring Capital (Michael DiPiano)

Proceeds Purpose
The company plans to use the funding to expand into other areas of the insurance industry, grow its sales and marketing team, and expand its engineering team to support mobile applications for enterprise customers.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
213 Burlington Rd.
Bedford, MA 01730
USA
Phone
(781) 863-6000
Website
www.firstbest.com
Email Address
[email protected]
Overview
FirstBest delivers insurance software solutions that help commercial- and specialty-lines carriers drive premium growth, scale their business and achieve high ...
Profile
FirstBest Systems LinkedIn Company Profile
Social Media
FirstBest Systems Company Twitter Account
Company News
FirstBest Systems News
Facebook
FirstBest Systems on Facebook
YouTube
FirstBest Systems on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
John Belizaire
  John Belizaire LinkedIn Profile  John Belizaire Twitter Account  John Belizaire News  John Belizaire on Facebook
Chief Operating Officer
Joseph Pilkerton
  Joseph Pilkerton LinkedIn Profile  Joseph Pilkerton Twitter Account  Joseph Pilkerton News  Joseph Pilkerton on Facebook
VP - Engineering
Paul Cummings
  Paul Cummings LinkedIn Profile  Paul Cummings Twitter Account  Paul Cummings News  Paul Cummings on Facebook
VP - Human Resources
Ellenmarie Rhone
  Ellenmarie Rhone LinkedIn Profile  Ellenmarie Rhone Twitter Account  Ellenmarie Rhone News  Ellenmarie Rhone on Facebook
VP - Marketing
Steve Robins
  Steve Robins LinkedIn Profile  Steve Robins Twitter Account  Steve Robins News  Steve Robins on Facebook

 

 

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Prev: 4/3/2012: CritiTech venture capital transaction
Next: 4/3/2012: Oxford Networks venture capital transaction

 

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