Ektron, a Boston, MA-based provider of content management and web experience management software, closed its first growth equity funding round led by Accel-KKR.
The amount of this minority investment was not disclosed. In conjunction with the transaction, Greg Williams, Managing Director and David Cusimano, Vice President of Accel-KKR will join Ektron’s Board of Directors.
The company intends to use the funds to accelerate product and expand operations.
Led by Bill Rogers, CEO and founder, and Tim McKinnon, President, Ektron provides web content management software that let marketers connect, engage, acquire and retain customers across the Web and in the Cloud.
It currently powers corporate websites, intranets, and social communities for thousands of customers in financial services, hospitality, education, healthcare, media and entertainment, technology, non-profit, public sector and manufacturing.
The customer list include leading companies and brands such as Epicor, Fairmont Raffles Hotels International, Invensys, and NASDAQ, among others.
Ektron has offices in Australia, Singapore, and the United Kingdom.