Friday, August 17, 2018

SugarCRM Gets Investment From Accel-KKR

Cupertino-based customer relationship management software developer SugarCRM announced this morning that it has secured a strategic investment from private equity investor Accel-KKR. Financial details of the investment--which SugarCRm called "significant"--were not announced. SugarCRM said the new funding will go towards product innovation, services, expanded capabilities and a strategic acquisition program. SugarCRm is led by Ceo Larry Augustin.