Ektron has closed a second round of equity funding with Accel-KKR. This increased investment follows the investment made by Accel-KKR in April 2014, which was the company's first institutional round.
Terms of the deal have not been disclosed.
"Accel-KKR’s increased investment provides strong support for Ektron as it delivers upon its vision and mission to provide solutions to customers that allow them to deliver consistent, relevant, and rich online experiences across all channels," says Ektron President, Tim McKinnon. "Ektron is proud to be making a very real difference in driving hard dollar value for organizations from their digital investments and customer experience strategies. This significant investment by Accel-KKR is a testament to how well our message is resonating in the market and the tangible results our customers are receiving. We have been on a growth trajectory and are well positioned for continued growth in 2015.”
“We have been more than impressed by the momentum, profitable growth in the business, and the results the team at Ektron have been achieving since we first partnered with the company earlier this year,” says Greg Williams, Managing Director, Accel-KKR. “Ektron is a vibrant company in a dynamic market where there’s a real need for enabling technology solutions. We’re excited to be able to move our partnership to this next level.”
As organisations strive to deliver compelling and optimised online experiences across all channels – web, mobile, and social – and across the entire customer journey, they create a significant opportunity to differentiate themselves and build brand loyalty. Yet at the same time, delivering integrated digital experiences that drive desired results can be extremely challenging. This is where Ektron thrives, helping digital marketers deliver the right content at the right time for the right result.
Ektron powers more than 10,000 web properties, including PayPal, Lloyd’s, Dolby, Sydney Opera House, Epicor Software, Invensys, Wolters Kluwer, and NASDAQ among some 3,800 organisations and brands worldwide.
