Cherwell Software Snags $50M
Colorado Springs-based Cherwell Software announced this morning that it has raised $50M in a funding round, from private equity investor KKR. The investment came from KKR's Next Generation Technology Fund. The company said that KKR is joining existing investorInsight Venture Partners in investing in the company. Cherwell is a provider of it service management (ITSM) software, and is led by CEO Craig Harper. As part of the funding, Vini Letteri of KKR joins Cherwell's board of managers.
posted on Monday, February 27, 2017
Related companies:
Cherwell Software
Related stories:
> Cherwell Software Raises $172M More From KKR
> Cherwell Software Gets $25M For IT Software
> Cherwell Software Buys Express Metrix
> Cherwell Software Wins Customer In Denmark
> Cherwell Software Deploys On Amazon Web Services
Techrockies.com Home