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Accellos Accelerates With Series B Venture Capital

Thursday, October 2, 2008 5:35:00 AM PDT | VentureDeal Staff
Colorado Springs, Colorado  --  Software company Accellos announced that it has raised $28.5 million in its series B round of venture capital financing.

Accellos provides a suite of logistics applications for warehouse management, third-party logistics, transportation management and mobile resource management.

Investors in the round included Monitor Clipper Partners and Centennial Ventures. The company said it would use the funding to finance future acquisitions to expand product functionality and geographic footprint.

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