Accel Partners

  • Big Appetite: Greylock Sends Entrepreneurs a Message with Expanded $1 Billion Fund

    Big Appetite: Greylock Sends Entrepreneurs a Message with Expanded $1 Billion Fund

    In case you missed it, being a super angel is officially passe. The new hotness is having a late-stage growth cash. Sequoia Capital is doing it. Andreessen Horowitz is doing it. Kleiner Perkins Caufield & Byers is doing it. Accel is doing it. Hell, even Chris Sacca is somehow doing it. Greylock is the latest to officially join the club, with news today of an expansion to its current… Read More

  • GetJar CEO Ilja Laurs Explains Why They Just Raised $25 Million (TCTV)

    GetJar, the independent, cross-platform app store provider, this morning announced that it has raised $25 million in Series C funding from Tiger Global Management and longtime backer Accel Partners. I caught up with founder and CEO Ilja Laurs at the Mobile World Congress in Barcelona to talk about how his business has grown since the last time I did a video interview with the charismatic… Read More

  • Abe's Market, Natural Products Retailer, Closes $3.4 Million Series A Investment

    A Chicago-area startup that sells natural consumer goods online, Abe’s Market, closed a $3.4 million series A investment the company announced today. Accel Partners led the round, joined by the company’s earlier investors, Index Ventures and several angels. Abe’s Market calls itself the equivalent of an online farmer’s market, and focuses on selling non-food… Read More

  • 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