Accel-KKR Invests in Phocas Software to Boost Middle-Market BI and FP&A Solutions
Phocas Software, a leading provider of business intelligence and financial planning solutions, has secured a strategic majority investment from technology-focused firm Accel-KKR. The funding aims to drive product development and global expansion for middle-market companies.
Strategic Investment to Drive Innovation
Technology-focused investment firm Accel-KKR has made a majority equity investment in Phocas Software, according to reports from both companies. Sources indicate the investment will fuel accelerated product development and market expansion for the business intelligence and financial planning platform serving middle-market companies.