HomeUSANorthern Light Receives $23M Investment from LoneTree Capital

Northern Light Receives $23M Investment from LoneTree Capital

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Northern Light Group

Northern Light Group, a Boston, MA-based provider of an enterprise knowledge management platform for competitive intelligence and market research, received a $23M growth investment from LoneTree Capital.

As part of the investment, Mike Devine, Rhett Lambert and Peter Bozian of LoneTree will join Northern Light’s Board of Directors. Terms of the deal were not disclosed.

The company intends to use the funds to drive continued product innovation and enhance its ability to support enterprise customers worldwide.

Northern Light provides knowledge management platforms for competitive intelligence and market research insights to global enterprises across multiple industries, including information technology, pharmaceuticals, telecommunications and financial services. These organizations depend on Northern Light’s intelligence and research for strategy, R&D, product management, marketing and sales.

FinSMEs

07/01/2024

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