Brook Invests $2.0 million in Daybreak ICS

Brook’s funding to fuel market expansion and drive revenue growth

WAKEFIELD, MA –  Brook Venture Partners announced today it has closed a $2 million dollar investment in Daybreak Intellectual Capital Solutions, Inc., a provider of enterprise contact management (ECM) software and consulting services. The new funding will be directed toward development of Daybreak’s content collection & delivery software tools as well as staffing of additional sales and marketing personnel.

“We’re absolutely thrilled to have Brook as our new partner” said Kara Cleaver, Daybreak President & CEO. “Their investment philosophy is a perfect fit with our vision, and their team is quite knowledgeable and technologically savvy.” According to Andy Clapp, Brook Partner, “We are impressed with Daybreak’s management team as well as their innovative product roadmap. We believe they are well poised to execute their business plan and this round of funding will provide the financial means necessary to establish the company as a key player in the marketplace.”

Brook noted that the Daybreak investment presents a great opportunity to capitalize on the mainstream adoption of enterprise content management technologies that is becoming more pervasive in corporate America. “What was once a niche technology is now experiencing substantial growth within many market verticals,” stated Rusty James, Vice President of Marketing & Sales. “More and more companies are implementing ECM solutions to solve their information management and compliance problems, and this stimulated Brook’s interest in Daybreak.”

About Daybreak Intellectual Capital Solutions

Daybreak ICS provides a full suite of enterprise content management (ECM) products and services in the create/capture/manage/deliver, and archive documents space. Daybreak provides collaborative software tools that function across multiple ECM platforms, and has established partnerships with EMC Documentum, IBM, CYA, PTC Arbortext, Kodak, and Visioneer. Founded in 2002, Daybreak provides implementation of customized solutions innovative software products, and specialized training to the SMB and Fortune 2000 markets. For more information, call 802-264-4000 or visit www.daybreakICS.com.

About Brook Venture Partners

Brook Venture Partners provides expansion stage capital through Brook Venture Fund II to information technology and medical technology companies located in the Northeastern United States. The firm focuses on investments of $2–5 million. Brook is headquartered outside Boston in Wakefield, MA. For information call 781-295-4000 or visit www.brookventure.com.