USA, Accept Closed $17M Series B Financing

Funding Rounds

▤ Summary

Fremont, CA.-based Accept, provider od innovation management software, closed its $17m Series B financing.The round was led by StarVest Partners with participation by existing investors Jefferson Partners and The Entrepreneurs Fund.The proceeds will be used to develop the company’s product line and expand sales and marketing to respond to growing customer demand.Explained the reasons behind the investment, Larry A. Bettino, general partner at StarVest Partners, said: “In Accept, we saw a company solving a significant customer problem.Accept has excellent customers, innovative products, and an experienced team with the ability to execute in a very tough time.

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Amount $17.0M Total raised
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Date September 17, 2009 Announcement date
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Investors - Lead investors
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Company - Funded company

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