Tech Company Financing Transactions
Acumatica Funding Round
Acumatica, based in Bellevue, raised $25 million from Accel-KKR and private investors.
Transaction Overview
Company Name
Announced On
6/19/2018
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series C
Investors
Accel-KKR (Lead Investor) (Joe Porten)
Proceeds Purpose
Acumatica will use this investment to further accelerate its rapid growth in the $28 billion Cloud ERP market and help extend its lead in AI, machine learning and Cloud/SaaS technologies for business management and financial applications.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
11235 SE 6th St. 140
Bellevue, WA 98004
USA
Bellevue, WA 98004
USA
Phone
Website
Email Address
Overview
Acumatica is adaptable cloud accounting software and cloud ERP software for your small to midsize business that helps you unlock your business potential.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jon Roskill
Chief Operating Officer
Nigel LeGresley
Chief Technical Officer
Mike Chtchelkonogov
Vice President
Geoff Ashley
Vice President
Ajoy Krishnamoorthy
Vice President
Christian Lindberg
VP - Product Management
Ali Jani
VP - Sales
Sean Chatterjee
Browse more venture capital transactions:
Prev: 6/19/2018: Dynamic Quest venture capital transaction
Next: 6/19/2018: Panaseer venture capital transaction
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