Accel Partners

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

    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 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

    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

    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

    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

    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

    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

  • Price Revealed For BBN Deal: $350 Million

    Price Revealed For BBN Deal: $350 Million

    In September, defense contractor Raytheon announced an agreement to purchase R&D innovator BBN Technologies, but didn’t say for how much. Today, the deal closed and the price came out. It is $350 million. Investors Accel Partners and General Catalyst Partners, who co-led a management buyout in 2004, made out very nicely. Accel says that its cut was more than $100 million… Read More