500 Startups Adds Two New Venture Partners And Announces Its Eighth Accelerator Class

500 Startups continues to grow at a frantic pace, both in the number of folks it has on staff to make investments, as well as the number of companies that it’s written out checks to. Today, the seed-stage investment firm and accelerator is making announcements on both fronts, as it’s brought on two new venture partners and announced the 28 companies that will participate in its eighth 500 Startups Accelerator class.

First, on the staffing side: The firm has hired Sean Percival and Marvin Liao as its newest venture partners. While 500 Startups traditionally has hired aggressively to build out its network of investors in specific markets around the world, both of these new investors will be based in Silicon Valley. And both bring some experience in helping companies find growth and distribution.

Percival is probably best known as the co-founder of lalawag and Wittlebee, but he had also once-upon-a-time served as VP of Online Marketing at Myspace. As an adviser at Bitcoin wallet and block explorer BlockChain and founder of Bitcoin news site BubbleCoin, it should probably not come as a surprise that he will be focused on making investments around everyone’s favorite crypto-currency. He’ll also be heading up 500’s half-day “Bitcoinference” on the topic in March.

Liao, meanwhile, spent more than a decade at Yahoo, where he has held roles in sales, business development, ad operations and marketing. Much of his experience was spent in regional or global management roles in Asia, Europe, and Latin America, and the U.S. Liao will be working to find interesting startups and help out with the Accelerator program in Mountain View and San Francisco.

Which brings us to the next bit of news — the next 500 Startups Accelerator class. This group, which is the eighth overall for the firm, will be the first to run out of 500 Startups’ new San Francisco office in the city’s SOMA district.

Participating companies will still get office space to work out of, as well as access to mentors, events, and programs aimed to help startups refine their products and grow their businesses. They’ll just have better restaurant and nightlife options than on Mountain View’s Castro Street.

A total of 28 companies have been chosen, out of thousands that applied, and represent a wide range of U.S.-based and international startups. There are companies from Spain, India, France, Canada, Jordan, Israel, Egypt, Brazil, Taiwan, and Hong Kong, as well as from cities outside the Silicon Valley center of gravity, including Las Vegas, Austin, NYC, and Detroit.

The launch of its latest batch signals the firm’s move to run the Accelerator year-round, with two classes in Mountain View per year, which will slightly overlap with the two that are taking place in San Francisco. According to founding partner Christine Tsai, the 500 Startups Accelerator will likely have about 120 companies go through it each year, as each class houses about 30 startups.

Its previous Mountain View class is having demo day this week, for instance, and applications for its next Mountain View Accelerator class are already open and will run through February 21.

The 28 companies participating in its new Accelerator class include:

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