What Company Is Offering:
Accellos is a global provider of logistics, warehouse, 3PL, transportation and mobile fleet management solutions. Accellos addresses the supply chain management and execution market with warehouse management systems for multiple environments; Microsoft Windows-based transportation management solutions; and in-field mobile resource management solutions. Accellos' powerful supply-chain execution solutions are easy to customize and implement, providing our customers with more innovation for less investment while producing significant savings and greater profitability.
How Much They Got VCs:
Accellos Inc., a leading provider of logistics, warehouse, 3PL, transportation, and mobile resource management solutions announced today that it has closed $28.5 million in Series B private equity funding. The new investment comes from funds affiliated with Monitor Clipper Partners, LLC, as well as Accellos' current group of investors, including the group who co-founded Accellos, Colorado based Centennial Ventures.
Accellos will use the funds to finance future acquisitions that expand Accellos' product functionality and geographic footprint. A portion of the funds will be used to acquire Prophesy Transportation Software, a leading provider of solutions in the trucking industry. The acquisition will add over 1,200 fleets to the Accellos family of customers.
More at:http://www.accellos.com
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