Broadlume Re-Launches Brand, Announces $60 Million Growth Equity Investment

Broadlume, a Sarasota, Florida-based software provider for flooring retailers, is re-launching the brand, merging all of its acquisitions into one portfolio, creating a more stream-lined approach to servicing the flooring retailer. Broadlume is excited to promote its new website that reflects these changes just in time for the November FloorCon event. 

"The firm took in a previously undisclosed $60 million from PSG, a technology investment firm, that has financed several deals already," said CEO Todd Saunders. "Broadlume has been able to help retailers increase their profit margins by the double digits."