Leading Health and Life Sciences in Nova Scotia

ENTREVESTOR: BlueLight Raises $3M, Led by CIC

Read the original article here Dental technology company BlueLight Analytics has closed a $3 million funding round and plans to use the money to launch a new data analytics product that can be installed in any dental office. The Halifax company released a statement Wednesday saying the lead investor in the funding round was CIC Capital Ventures, the North American venture capital arm of French private equity firm CM-CIC Investissement. Innovacorp, the Nova Scotia government’s early-stage venture capital agency, also joined the round. It was the first time BlueLight has raised venture capital financing, though it has raised about $3 million in equity funding from angel investors. Continue reading]]>

BlueLight Analytics, a Halifax-based health tech company, is significantly expanding its senior management team. BlueLight has had a year full of milestone achievements so far. The company has expanded its checkMARC service to over 35 countries around the world, secured new partnerships with leading dental manufacturers, and have collected more than 1 million data points through over 70,000 checkMARC evaluations. With no sign of momentum slowing, the company has made three strategic additions to the senior management team, welcoming Theresa Lee (VP Business Development), Derek Leblanc (VP Technology), and Matt Cooper (VP Product and Marketing). JP Furey, BlueLight’s CEO, is making it a priority to bring additional experience to the team, continuing its rapid growth this year. These changes will also ensure that many of their younger employees, most recent graduates, have the mentorship they need to grow.  “We have a lot of exciting things on the horizon. We’re focused on building an all-star team that’s going to help us get to the next level. Derek, Theresa and Matt are experts in their fields and have brought new experience, insight and energy to the company. The BlueLight team is ready for the next stage of growth!” Theresa Lee, VP, Business Development  Theresa Lee joined BlueLight as VP, Business Development in April. She has a true passion for sales and has spent the past 16 years of her career in a variety of B2B roles with companies such as Johnson & Johnson, Siemens, Axis Dental, and most recently with Halifax-based STI Technologies Ltd, which was bought by QuintilesIMS in 2017. Her solutions sales and data experience coupled with her enthusiasm has made her a terrific fit to lead and support the business development team at BlueLight Analytics. Derek Leblanc, VP, Technology Derek Leblanc has returned to his full time role at BlueLight this past month as VP, Technology after working in Vancouver at Intel. With over 15 years of experience as a software engineer and researcher in machine learning, including 4 years as VP Technical Development at Afinin Labs in St. John’s, NL, he brings his passion for developing quality software and pushing the boundaries of computer science & industry to the BlueLight team. Derek has been leading the development of BlueLight’s new AI-powered next generation technology. Matt Cooper, VP, Product and Marketing Matt Cooper has joined as BlueLight’s new VP, Product and Marketing. Before joining BlueLight Analytics, Matt was the co-founder and Chief Product Officer at Swept Technologies, a mobile and web communication platform designed for the commercial cleaning industry. An active member and contributor to Halifax’s thriving startup ecosystem, Matt brings more than 20 years of experience in product development and marketing to the BlueLight team.
As Lee, Leblanc, and Cooper get settled into their new roles, the team is gearing up for a year of milestone achievements and are already planning  some more exciting updates to share in the coming months. About BlueLight Analytics BlueLight uses data to improve patient outcomes by changing the way dental filling materials and curing lights are developed, sold, and used. Their technologies collect data on curing lights and materials used in dental offices, which can be used by dental companies to inform marketing, R&D, and dentists to improve their clinical protocols. BlueLight’s solutions are used in over 35 countries around the world and have been used to conduct over 70,000 evaluations of curing lights at more than 16,000 clinics. Media Inquiries? Please contact Matt Cooper at 902.880.6288
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