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Synopsis
Accel-KKR, a technology-focused private equity firm, completed the investment in Kimble Applications, a developer of a cloud-based professional services automation software. Financial terms were not disclosed. “This follow-on investment from Accel-KKR is validation that Kimble is a category leader and innovator – we couldn’t be prouder of the entire Kimble team and are excited about what’s ahead for the company. With this investment, the business will continue to grow its position as a leader at the vanguard of the project management market and maintain its singular focus on furnishing clients with the best-in-class tools they need to consistently deliver value to their customers," Sean Hoban, Kimble Co-Founder.
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