Tech Company Financing Transactions
Accela Funding Round
Accela, operating out of San Ramon, received $143.5 million from ABRY Partners, JPMorgan Partners and Karlani Capital.
Transaction Overview
Company Name
Announced On
2/27/2015
Transaction Type
Venture Equity
Amount
$143,500,000
Round
Undisclosed
Investors
ABRY Partners (Lead Investor) (Tyler Wick)
Proceeds Purpose
Accela will deploy the new capital to round out its cloud offering, expand the capabilities of the Civic Platform, and scale sales efforts for its worldwide installed base.
Company Information
Company Status
Acquired or Merged
Industry
GovTech
Mailing Address
2633 Camino Ramon 500
San Ramon, CA 94583
USA
San Ramon, CA 94583
USA
Phone
Website
Email Address
Overview
Government software that streamlines land, permitting, asset, licensing, right-of-way, legislative management, and resource and recreation management processes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Mark Jung
Chief Executive Officer
Ed Daihl
Chief Financial Officer
Bruce Duner
Chief Technical Officer
Srini Kakkera
VP - General Counsel
Ethan Knowlden
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Where The Data Comes From
Our team works diligently to document every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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