Facilio, an IoT startup that focuses on facility management software, announced today that it has raised a $6.4 million Series A led by Tiger Global and returning investor Accel. The funding will be used to expand further in India, where Facilio has an office in Chennai, the United States, and the Middle East, as well […]
View More Tiger Global and Accel lead facility management startup Facilio’s $6.4M Series ACategory: Accel
Mexican venture firm ALL VP has a $73 million first close on its latest fund
Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Brazilian-based pan-Latin American announced the close of its $150 million latest fund comes word from our sources that ALL VP, the Mexico City-based, early stage technology […]
View More Mexican venture firm ALL VP has a $73 million first close on its latest fundAutomakers invest in Transit, the app that helps people get around without a car
Transit, a company that built a mobile app designed to help people in cities live without cars, has raised $17.5 million from two automakers in a Series B round. The round was led by RenaultNissan-Mitsubishi’s joint investment arm Alliance Ventures. InMotion Ventures, Jaguar Land Rover’s venture capital fund, also joined the round, as well as two past […]
View More Automakers invest in Transit, the app that helps people get around without a carMeet the woman leading Accel’s consumer growth investments
Accel has hired Maya Noeth to lead its consumer growth investing efforts. The firm typically promotes from within; Noeth is its first outside hire in over two years.
View More Meet the woman leading Accel’s consumer growth investmentsInstana raises $30M for its application performance monitoring service
Instana, an application performance monitoring (APM) service with a focus on modern containerized services, today announced that it has raised a $30 million Series C funding round. The round was led by Meritech Capital, with participation from existing investor Accel. This brings Instana’s total funding to $57 million. The company, which counts the likes of […]
View More Instana raises $30M for its application performance monitoring serviceBranch pairs up with TUNE to create a supersized marketing and measurement platform
Branch announced today that it has acquired TUNE‘s attribution analytics team and business, a part of the SaaS platform that focuses on optimizing and accurately attributing ad spend. Terms of the deal were not disclosed. TUNE, a Seattle-based startup founded in 2009, helps ad platforms tie marketing investments to measurable outcomes. Backed by Android co-founder […]
View More Branch pairs up with TUNE to create a supersized marketing and measurement platformInsight 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 billionCash-strapped Wonga has stopped accepting new loans
UK payday loans firm Wonga, whose investors include high profile European VC firms Accel and Balderton, appears to be teetering on the brink of collapse as it’s stopped taking new loans. A spokeswoman for the company confirmed to TechCrunch it is not accepting new loan applications. She sent us the below statement which has been […]
View More Cash-strapped Wonga has stopped accepting new loansSequoia India and Accel back on-demand scooter startup in $12.2M deal
Two of India’s most prominent VCs are backing a motorbike on-demand service after Sequoia India and Accel led a $12.2 million investment in Metro Bikes. Sequoia India and Accel were joined in the round by Raghunandan G, who founded TaxiForSure which sold to Ola, among other investors. Metro Bikes started out as a luxury bike rental service […]
View More Sequoia India and Accel back on-demand scooter startup in $12.2M dealThe 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 BerlinIndian online insurance startup Coverfox lands $22M led by World Bank’s IFC and Transamerica
Coverfox, one of a handful of companies aiming to digitize insurance in India, has landed fresh funding via a $22 million Series C round that will be used to push into more rural parts of the country. The investment is led by IFC, a sister organization of World Bank, and U.S. insurance firm Transamerica, with participation […]
View More Indian online insurance startup Coverfox lands $22M led by World Bank’s IFC and TransamericaBackground checks pay for Checkr, which just rang up $100 million in new funding
Criminal records, driving records, employment verifications. Companies that use on-demand employees need to know that all the boxes have been checked before they send workers into the world on their behalf, and they often need those boxes checked quickly. A growing number of them use Checkr, a San Francisco-based company that says it currently runs […]
View More Background checks pay for Checkr, which just rang up $100 million in new funding