Michael Dearing

  • 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

  • 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