Sources confirm Accel has nabbed $2.5 billion — its largest pool of capital yet — for three new funds.
View More HotelTonight, Slack stakeholder Accel stays on top with $2.5B fundCategory: Accel Partners
This VC went long on HotelTonight and it paid off; here’s how.
Brian O’Malley has enjoyed a lot of success as a venture capitalist, thanks to bets on Bazaarvoice before it went public, and Dollar Shave Club before it was acquired by Unilever, and many other companies that have sold or gone public. It’s one reason that O’Malley, who began his venture career with Battery Ventures and […]
View More This VC went long on HotelTonight and it paid off; here’s how.Moglix raises $23M to digitize India’s manufacturing supply chain
We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today it announced a $23 million Series C round ahead of a bigger round and impending global […]
View More Moglix raises $23M to digitize India’s manufacturing supply chainMoglix raises $23M to digitize India’s manufacturing supply chain
We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today it announced a $23 million Series C round ahead of a bigger round and impending global […]
View More Moglix raises $23M to digitize India’s manufacturing supply chainThere’s definitely reason to worry about Brexit, says Accel’s London team; “It’s not just startups; I’m not a U.K. citizen”
Longtime Accel partners Philippe Botteri, Sonali De Rycker, Luciana Lixandru, and Harry Nelis took the stage at Disrupt Berlin earlier today, and unlike many London-based investors, who have downplayed how much Brexit could hurt their local economy, the team was frank about their sundry concerns over what happens if the U.K. leaves the European Union […]
View More There’s definitely reason to worry about Brexit, says Accel’s London team; “It’s not just startups; I’m not a U.K. citizen”Petal’s no-fee credit card for the credit score-less is now open to the public
Petal, the startup credit card company that’s offering a no-fee credit line to people without a credit history, is now publicly available. Launched earlier this year by co-founders Jason Gross, Andrew Endicott, Andrew Ehrich, and Jake Arenas, Petal has received a $34 million credit facility from Jeffries and Silicon Valley Bank to bring its consumer […]
View More Petal’s no-fee credit card for the credit score-less is now open to the publicInsight Venture Partners buys content management platform Episerver for $1.1 billion
Episerver, the Irvine, California-based company which provides services for marketers to manage content, was bought by Insight Venture Partners for a cool $1.1 billion from the private equity firm Accel-KKR. The company said it would use the money to fuel its plans for global expansion “Episerver is at the center of a global digital transformation […]
View More Insight Venture Partners buys content management platform Episerver for $1.1 billionScale, whose army of humans annotate raw data to train self-driving and other AI systems, nabs $18M
The artificial intelligence revolution is underway in the world of technology, but as it turns out, some of the most faithful foot soldiers are still humans. A startup called Scale, which works with a team of contractors who examine and categorise visual data to train AI systems in a two-sided marketplace model, announced that it […]
View More Scale, whose army of humans annotate raw data to train self-driving and other AI systems, nabs $18MRiskRecon’s security assessment services for third party vendors raises $25 million
In June of this year, Chinese hackers managed to install software into the networks of a contractor for the U.S. Navy and steal information on a roughly $300 million top secret submarine program. Two years ago, hackers infiltrated the networks of a vendor servicing the Australian military and made off with files containing a trove […]
View More RiskRecon’s security assessment services for third party vendors raises $25 millionWonga investors inject £10M so cash-strapped payday lender can fund claims
If you were at Disrupt London four years ago you may remember more than a little awkwardness during an investor panel when two VCs that had invested in European payday loans firm Wonga declined to comment on what had gone wrong at their portfolio company in the wake of a £220M write down. Yesterday Sky News reported that those same […]
View More Wonga investors inject £10M so cash-strapped payday lender can fund claimsFreshworks raises $100M
Freshworks, a company that offers a variety of business software tools ranging from IT management to CRM for sales and customer support software, today announced that it has raised a $100 million funding round co-led by Sequoia and Accel Partners, with participation from CaptialG. The company’s last funding round came in the form of a […]
View More Freshworks raises $100MThe Accel team is coming to Disrupt Berlin
Every time Accel invests in a startup, it’s an instant positive sign in the startup community. The venture capital firm has a rich history with decades of investments in successful startups. That’s why we’re excited to have four partners at Accel on stage at Disrupt Berlin. Philippe Botteri, Sonali De Rycker, Luciana Lixandru and Harry […]
View More The Accel team is coming to Disrupt Berlin