The investment will be used primarily to build out additional capabilities into its platform and possibly acquire other firms.
Larry Augustin, SugarCRM CEO, says the investment from Accel-KKR is the next step in the company’s growth plan.
“This is the next stage in accelerating our growth both organically and inorganically,” Augustin says. “It gives us the opportunity to become inquisitive about acquisitions.”
He says SugarCRM previously made smaller technology acquisitions but the investment
Julie Lerner joins to talk about the hemp market and PanXchange's launch of a hemp exchange.Subscribe to Weekly Wrap emails