Accellos Receives Majority Investment from Accel-KKR

Accellos Inc., a Colorado Springs, CO-based supply chain execution software company, has received a majority investment from Accel-KKR.

The amount and the terms of the deal were not released.

The company intends to use the funding to expand its supply chain solutions.

Led by CEO Michael Cornell, Accellos provides logistics service providers and midsized businesses with software solutions for warehouse management systems (WMS), third party logistics (3PL), fleet management, transportation management systems (TMS), trading partner integration (EDI), automated barcode data collection, parcel shipping, transportation optimization and supply chain business intelligence.
The company serves over 3,000 customers in 27 countries.



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