Accel-KKR made a strategic equity investment in Cendyn.

Accel-KKR, a leading Silicon Valley based technology-focused investment firm, made a strategic equity investment in Cendyn, the leading provider of hotel CRM and hotel sales platforms for the hospitality industry. Financial terms were not disclosed. "The investment provided by Accel-KKR will allow Cendyn to grow and flourish as a leading technology provider and partner to our customers and the hospitality industry," said Tim Sullivan, President at Cendyn. "We will continue to focus on driving value for our customers by delivering the service and support they need today while investing in innovation around Cendyn's product portfolio."