Accel Partners

  • Accel Puts Over $30M In Digital Marketing Platform For The Auto Industry Dealer.com

    Accel Puts Over $30M In Digital Marketing Platform For The Auto Industry Dealer.com

    Accel Partners has made a major investment in Dealer.com, a company that provides SaaS marketing solutions to auto dealers. Accel partner Todd MacLean will join company’s Board of Directors as part of the transaction, which is estimated to be north of $30 million. Based in Burlington, VT, Dealer.com sells a SaaS application that manages auto dealers’ web presence from start to finish. Read More

  • Accel Boosts Social Enterprise Expertise, Adds Salesforce Chatter Creator As EIR

    Accel Boosts Social Enterprise Expertise, Adds Salesforce Chatter Creator As EIR

    After adding online payments exec Bill Ready as an Executive-In-Residence, Accel Partners is shoring up another area of expertise with the addition of former Salesforce.com executive Chuck Ganapathi as the firm’s newest Entrepreneur-in-Residence. At Accel, Ganapathi, who was the creator of Salesforce’s “Facebook for the Enterprise” Chatter, will focus on developing… Read More

  • Sequoia, Accel, And Union Square Top SecondMarket’s New VC Scoreboard

    Sequoia, Accel, And Union Square Top SecondMarket’s New VC Scoreboard

    Demand for private company shares declined in the second quarter versus the first quarter but was up sharply year-over-year, according to a new report released today by SecondMarket. The market for private company stock saw $112 million in transactions last quarter, versus $156 million in the first quarter, or down 39 percent sequentially. On an annual basis, however, it was up 120 percent… Read More

  • Accel Furthers Online Payments Expertise With New EIR From iPay

    Accel Furthers Online Payments Expertise With New EIR From iPay

    Accel Partners has been making major investments in a number of online payments companies, including Wonga, e-payments company Yapstone, and most recently, online payments company Braintree. In fact, payments is one of the main investment themes that Accel is targeting in its funding strategy. So it’s not surprising that the venture firm is staffing up on experienced talent to help find… Read More

  • Accel Partners Closes $1.35 Billion In Two Funds

    Mega funds are back. Accel Partners closed two funds today for a total of $1.35 billion in new capital. The funds are Accel XI, which raised $475 million, and Accel Growth Fund II, which raised $875 million. Other VC firms with recent billion-dollar funds include Sequoia, Greylock, and Khosla is raising one as well. It took less than two months to raise the $1.35 billion. The fundraising… Read More

  • Accel Adds Enterprise Data Storage And Infrastructure Exec Kirk Bowman As Venture Partner

    Accel Adds Enterprise Data Storage And Infrastructure Exec Kirk Bowman As Venture Partner

    Accel Partners has a long, and well-known history of making solid investment bets on popular consumer facing web and mobile platforms, including Facebook, Groupon, Etsy, Trulia and Angry Birds. But the firm is also making significant movements in the enterprise cloud storage and infrastructure space with investments in Cloudera, Couchbase, Nimble, Springsource, Atlassian, and DropBox. The fact… Read More

  • The Top 10 VC Firms, According To InvestorRank

    The Top 10 VC Firms, According To InvestorRank

    Any seasoned investor knows that past performance is not indicative of future returns. That is as true with public stocks as it is with venture capital firms. But if someone were to ask you to rank the top VC firms today based on their probability of success, how would you do it? Remember, looking at past returns won’t help you. Chris Farmer, a VC at General Catalyst Partners, has come… Read More

  • Accel Invests $35M. in 99designs…After Years of Trying

    Accel Invests $35M. in 99designs…After Years of Trying

    Accel Partners has invested $35 million in the crowdsource design service 99designs– a monster of a series A. Of course, 99designs is not your average early-stage startup. Born in Melbourne, Australia out of an older company called sitepoint.com, 99designs is bootstrapped, profitable and growing revenues at a rate of about 120% a year. A few strategic angel investors also… Read More

  • StylistPick secures $8m in Series A to expand its monthly fashion offers

    Proof that online fashion remains a hot space, StylistPick, the fashion buying site that offers members a personalised offer each month, has raised $8 million in a Series A round co-led by Accel Partners and Index Ventures. Founded in 2010, Stylistpick offers a neat take on the fashion club model: Customers signup to StylistPick and are asked to take a short quiz to “identify their… Read More

  • Angry Birds Maker Rovio Raises $42 Million From Accel, Atomico And Felicis

    Rovio, the Finnish entertainment media company who famously operates the Angry Birds franchise, has raised $42 million in Series A funding. The round was co-led by Accel Partners and Atomico Ventures, the VC firm created by Skype co-founder Niklas Zennström, who will be joining Rovio’s board. ‘Super angel fund’ Felicis Ventures also participated. Currently, Angry Birds is… Read More

  • Qriously raises $1.6m to let brands replace mobile ads with questions

    Qriously, a service that lets brands measure location-based public opinion, has raised $1.6m in a new funding round led by Accel Partners. Amalfi Capital also participated, while the London-based startup is originally backed by Pacific Tiger Group. Through its SDK offered to mobile app developers, Qriously lets advertisers display questions instead of traditional mobile ads so that they… Read More