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Venture Capital News: Accela Receives Growth Investment

2023-09-06
SAN RAMON, CA, Accela, a provider of cloud solutions at the heart of government, announced a strategic growth investment from Francisco Partners.
Accela, a provider of cloud solutions at the heart of government, announced a strategic growth investment from Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses. Berkshire Partners will remain a significant investor with an equal equity holding in Accela. Financial terms of the transaction were not disclosed.
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