K1 exits Apttus

K1 Investment Management has exited its investment in Apttus as the result of the latter's acquisition by Thoma Bravo. No financial terms were disclosed. K1 was Apttus' first institutional investor and led its Series A funding in September 2013. Silicon Valley-based Apttus is a provider of a middle office platform that allows companies to automate and optimize revenue and commercial relationship management processes.

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