Accept Software takes $15.4M for product planning tools

Accept Software, maker of product planning and marketing software, has raised $17 million of a targeted $18 million second round of equity, according to a filing with the SEC. The Fremont, Calif. is backed by Jefferson Partners, Entrepreneurs Fund and StarVest Partners.

Accept offers a portfolio of tools for product design and release, including ways to capture ideas from brainstorm sessions, set action items and track progress toward stated goals. When a company has finished product, Accept’s software can also guide deployment, integration with other systems and training initiatives. It counts big software names like Cadence, Intuit and VMware among its clients.

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About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

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