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Accel, formerly known as Accel Partners, is a global venture capital firm. Accel works with startups in seed, early and growth-stage investments. The company has offices in Palo Alto, California and San Francisco, California , with additional operating funds in London , [ 1 ] [ 2 ] and India [ 3 ] .
My Best Deal was the concept of David Paterson, formerly in the motor industry. David Paterson operated at a management level within the motor industry, providing finance and insurance services to clients. Carwow’s investors include Balderton Capital, Episode 1 Ventures, Samos Investments, and Accel Partners. [9]
By 2015, Hudl grew to 230 employees across four offices as it took on its first round of institutional funding in April with $72.5 million from Accel Partners. [ 4 ] Hudl made Fast Company 's list of Most Innovative Companies in 2016. [ 5 ]
Venture capital firm Accel said on Tuesday it has raised a $650 million fund to invest in early-stage companies in Europe and Israel with a focus on artificial intelligence and cybersecurity. The ...
The website launched in February 2005. [2] In December 2007, Kayak raised $196 million in financing from a group of investors including General Catalyst, Sequoia Capital, Accel Partners, and Oak Investment Partners. Using that funding, Kayak acquired SideStep, another online travel agency. [10] [11]
Accel focuses on enterprise/SaaS and consumer investments and works with seed, early, growth-stage companies worldwide. [1] The firm's growth capital investments focus on more developed companies that require a larger amount of capital to expand their business.
In 2005, Breyer led Accel Partners' $12.7 million deposit at a $98 million valuation in the then ten-employee startup Facebook. [13] In 2000, Breyer also established Accel-KKR, a joint venture between Accel Partners and the private equity firm KKR. [16] Breyer also led the 2004 management buyout of BBN Technologies from Verizon. [17]
Since June 2010, Glaser has been a partner at global venture firm, Accel Partners, focusing on digital media technology, social media, and mobile service investments. [7] He returned to RealNetworks again as interim CEO in 2012 and resumed the official title of CEO in 2014.