Accela Closes $143.5M in Financing

Funding Rounds

Summary

Accela, a San Ramon, California-based provider of civic engagement solutions for government, closed $143.5m in new financing.In conjunction with the funding, Tyler Wick of ABRY Partners joined Accela’s board.The company intends to use the funds to expand the capabilities of the platform and scale sales efforts worldwide.Its open APIs and mobile apps enable cities, counties, state and federal governments to address the diverse needs of their constituents by making publicly available information more accessible.The company, which has more than 1,000 customers worldwide, has offices in San Francisco, New York, Melbourne and Dubai.

$ Funding

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Amount $143.5M Total raised
Date February 26, 2015 Announcement date
Investors Accela, ABRY Partners, Karlani Capital Lead investors
Company http://www.accela.com Funded company

Classifications

industries
Government, Public sector
applications
Engineering & Scientific

AskAI Classifications

Labels
SaaS GovTech Enterprise Software

Linked Companies

Accela
$100M to $250M