Supply-Chain Solution Leader Completes $28.5m Fund Raise to Continue Acquisition Strategy
Accellos, a leading supplier of supply-chain solutions, is celebrating their 125th customer to use Accellos One Warehouse for SAP Business One. Accellos One Warehouse for SAP Business One is a fully-integrated solution for SAP Business One that is sold through the SAP partner channel. Accellos One Warehouse enjoys many successful global installations from single operator warehouses installed in less than two days to hundreds of warehouse employees in large mid-market distribution companies.
“We’re proud to reach our 125th SAP Business One customer,” said Ross Elliott, Accellos Chief Technology Officer. “I think this shows our commitment to the SAP Business One channel and is a testament to how solid a solution Accellos One Warehouse is for any SAP Business One user who needs warehouse automation. We’ve worked hard to make the integration seamless using the UI and DI API so that our users cannot tell where SAP Business One ends and Accellos One Warehouse begins. It’s a single solution to them.” Accellos One Warehouse also uses the XML SOAP interface to interact with real-time warehouse information from within Business One. SAP Business One users can dramatically improve inventory accuracy, keep real time inventory by bin location, streamline warehouse operations, process back orders and improve overall customer satisfaction.
“The momentum we enjoy in the SAP Business One channel is inspiring,” said Carl Marin, Accellos Vice President of Business Development. “We closed 12 new SAP Business One customers in the fourth quarter alone on 3 different continents”
The milestone of the 125 SAP Business One customers caps off a banner year for Accellos. In 2008 Accellos closed $28.5 million in Series B private equity funding. Accellos will use the funds to finance future acquisitions that expand Accellos’ product functionality and geographic footprint. A portion of the funds was used to acquire Prophesy Transportation Software, a leading provider of solutions in the trucking industry. Earlier, Accellos was honored with the Solution Partner Quality Excellence Award from SAP America, Inc. The award recognizes the solution partner with the best combined quality of code, customer and partner support and solution documentation.
Accellos, headquartered in Colorado Springs, Colorado, is a global provider of logistics, warehouse, third party logistics, transportation and mobile fleet management software solutions. The company addresses the supply chain management and execution market with warehouse management systems for multiple environments, including transportation management software and in-field mobile resource management solutions. Accellos’ powerful supply-chain execution solutions are easy to customize and implement, providing customers with more innovation for less investment. For more information, email info (at) accellos (dot) com or visit www.accellos.com.
VP Marketing, Accellos, Inc.