Accel Partners

  • Accel-Backed ScaleXtreme Takes Data Center Management To The Cloud

    Accel-Backed ScaleXtreme Takes Data Center Management To The Cloud

    Data center automation is a hulking $14 billion segment of the enterprise IT industry dominated by hulking giants like IBM, HP (through its $1.6 billion Opsware acquisition), BMC (through its $800 million BladeLogic acquisition in 2008), and VMWare. Companies often have thousands of servers, both physical and virtual, that need to be managed, and on top of that they are trying to keep track… Read More

  • Bonobos Raises $18.5 Million. Metrosexuals Unite!

    Andy Dunn is part Indian and part European. He’s tall and slender, but he has surprisingly meaty thighs. As a result, he could never find pants that fit well. European cut pants were too tight but when he tried to wear American cut pants he felt like he was swimming in billowing fabric. And if he spent all day shopping to find great pants, he didn’t feel great afterwards. “If… Read More

  • Will the Real "eBay of Social" Please Stand Up? (TCTV)

    In the venture business being ahead of your time can be almost as bad as being late to a market. But the other great thing about the venture business is there are exceptions to every rule. Craig Donato is hoping that Oodle is the exception to that one. He’s spent more than ten years building a social classified company, powering the marketplaces for Oodle.com, MySpace and Facebook… Read More

  • Accel Partners' Extraordinary 2005 Fund IX

    In 2005 Accel Partners closed its $440 million Accel 9 Fund. That fund may not go down in history as the most profitable venture fund ever, but it will certainly be one to remember. Why? Facebook, for the most part. It is a stunning turnaround for a firm that many whispered was pretty much done earlier in the decade. In 2005 Accel invested a small part of that fund – just $12.7… Read More

  • Yardsellr Scores $5 Million Series A From Accel To Become The eBay Of Facebook

    Bringing social commerce to Facebook is a big opportunity attracting a lot of capital these days. Social swap meet Yardsellr just raised a $5 million series A financing, led by Accel Partners. Harrison Metal Capital, which previously put up $750,000 in seed funding, also participated. Yardsellr is an eBay for Facebook, except without the auctions. In fact, the company was founded by… Read More

  • Stealth Android Enterprise Startup 3LM's $1.5 Million Seed Round And 3 Laws Of Mobility

    Stealth Android Enterprise Startup 3LM's $1.5 Million Seed Round And 3 Laws Of Mobility

    Most of the apps being developed for Android phones are consumer apps. Yet enterprise apps could be much more lucrative. One startup focusing on enterprise apps for Android is 3LM, a company so stealth that it’s Website is nothing more than a Google Sites landing page with nothing on it but the words “Coming Soon.” The top search result for 3LM links to this question on… Read More

  • Facebook Job-Hunting App BranchOut Raises $6 Million From Accel And Super Angels

    When you want to hang out with your friends online, you go to Facebook. When you want to look for a job, you go to LinkedIn. Well, maybe not for long. BranchOut, a startup that is essentially building a LinkedIn for Facebook, raised $6 million in a series A round. Several news sites reported the funding yesterday when the SEC filing came out, but other than Accel Partners, none of the… Read More

  • Benchmark And Accel Partners Reach Across The Atlantic To Fund ResearchGATE

    “So ResearchGATE is Facebook for Scientists?” I asked ex-Facebook exec, current Benchmark Capital general partner and new ResearchGATE investor Matt Cohler. “I bristle at that characterization,” he responded telling me that doesn’t adequately describe the company. Either way he’s invested in the Berlin based startup, along with Accel Partners, Simon… Read More

  • Index Ventures Buys Into Etsy, Triples Valuation To Nearly $300 Million

    Index Ventures Buys Into Etsy, Triples Valuation To Nearly $300 Million

    Crafty commerce site Etsy just raised another $20 million in its fifth venture round (that would be the Series E). Index Ventures is the new investor leading the round, with partner Danny Rimer getting an observer’s seat on the board. (The board is made up of founder Rob Kalin, Caterina Fake, Accel partner Jim Breyer and Union Square Ventures partner Fred Wilson). Previous… Read More

  • Product Management Software Company Atlassian Takes A Huge, $60 Million First Round Of Funding From Accel

    It is not often that a company’s first round of venture funding comes in at $60 million and eight years after it was founded with $10,000 worth of credit card debt. But Atlassian, which was founded in Sydney, Australia in 2002, is taking its first venture money today from Accel Partners. The company pulled in $59 million in revenues in its fiscal year ended June 30, 2010, and has… Read More

  • Product Management Software Company Atlassian Takes A Huge, $60 Million First Round Of Funding From Accel

    It is not often that a company’s first round of venture funding comes in at $60 million and eight years after it was founded with $10,000 worth of credit card debt. But Atlassian, which was founded in Sydney, Australia in 2002, is taking its first venture money today from Accel Partners. The company pulled in $59 million in revenues in its fiscal year ended June 30, 2010, and has… Read More

  • App store company GetJar raises $11 million Series B from Accel Partners

    Application store company GetJar this morning announced it has secured $11 million in a Series B funding round led by previous backer Accel Partners, report PaidContent and others. The company says it plans to use the funding to bolster its consumer-facing sites as well as its professional solutions geared towards app developers and publishers. Read More

  • App Store Company GetJar Raises $11 Million Series B From Accel Partners

    Application store company GetJar this morning announced it has secured $11 million in a Series B funding round led by previous backer Accel Partners, report PaidContent and others. The company says it plans to use the funding to bolster its consumer-facing sites as well as its professional solutions geared towards app developers and publishers. Read More

  • Booyah Raises $20 Million From Accel, Expects 6 Million Users By The End Of This Summer

    Booyah is the not-so-little location based engine that could. The company behind MyTown has raised $20 million in new funding from a group of investors led by Accel (current investors, Kleiner Perkins Caufield & Byers and DAG Ventures, also participated in this round). Accel’s Jim Breyer, a board member of Wal-Mart, Dell and Facebook, will join Booyah’s board. (According to… Read More

  • Educational Technology Company Knewton Scores $12.5 Million More

    Online educational technology startup Knewton has completed a $12.5 million round of funding led by New York City-based VC firm FirstMark Capital, after securing a $6 million Series B round of financing a little over a year ago. Returning investors include Accel Partners, Bessemer Venture Partners, First Round Capital, and angel investor Reid Hoffman, who are bringing the total of capital… Read More

  • Lovefilm co-founder Adam Valkin joins VC firm Accel Partners

    [UK] Lovefilm co-founder and ex-CEO Adam Valkin has joined VC firm Accel in London as a partner. Most recently Valkin was head of digital and new business at Endemol Group, and prior to that he spent nine years as an investor at Arts Alliance Advisors where he invested in and managed portfolio companies in Europe and Israel. Accel Partners is focused on investing in early stage technology… Read More

  • MyHeritage Buys Germany's OSN, Now 540 Million Profiles Strong

    Israeli genealogy site MyHeritage has completed its third acquisition, buying Germany’s OSN. OSN operates seven genealogy sites including Verwandt.de in Germany, Moikrewni.pl in Poland and Dynastree.com in the US. It was launched in 2007 just after LA-based Geni and, at first, it was just your typical German clone. But it added features and grew fast in older European markets like… Read More

  • Why VCs Should Take Their Own Advice

    The way venture capital firms are structured makes it almost impossible for outsiders to see what’s really going on inside those 1970s lodge-like Sand Hill Road offices. It’s an industry perfectly structured for sweeping problems under the rug, and as its fundamentals have declined over the last decade, that’s just what it’s been doing. But those big, lumpy problems… Read More

  • Russian online shopping club KupiVIP.ru scores $20 million in funding

    Private online shopping clubs are springing up like mushrooms all around the world in light of the successes companies like Vente Privée has been seeing, and venture capital firms are increasingly starting to invest in companies who are bringing the concept to specific niches or introducing the private online sales model to interesting geographical markets. In the latter category falls… Read More

  • Russian Online Private Sales Company KupiVIP.ru Raises $20 Million Round

    Private online shopping clubs are springing up like mushrooms all around the world in light of the successes companies like Vente Privée has been seeing, and venture capital firms are increasingly starting to invest in companies who are bringing the concept to specific niches or introducing the private online sales model to interesting geographical markets. In the latter category falls… Read More