Accel Partners


  1. Flipkart Acquires Letsbuy; Common Investors Get Consolidated Play

    VC Circle &bull Feb 9, 2012

    Flipkart.com, the largest online retailer in India, is buying out Letsbuy.com, a specialised e-commerce site run by the two-and-a-half-year-old start-up eTree Marketing Pvt Ltd. The deal marks yet another consolidation move in a bustling e-commerce industry in India that has seen a string of sites folding up recently, even as many others are attracting hyper interest from venture capital and private equity investors. The acquisition is a combination of cash and equity, and the founders of Letsbuy, along with their 350-plus team, will continue to function independently with the added advantage of being able to access Flipkart's superior technology platform… Full Story »


  2. Myntra Secures $20M From Tiger Global, Others

    VC Circle &bull Feb 9, 2012

    Earlier, the firm raised $14 million in its second round of funding from Tiger Global and the then existing investors IDG Ventures and Indo-US Venture Partners. In November 2008, Myntra raised $5 million in a series A funding from NEA-IndoUS… Full Story »

  3. Don't Put Venture Capital At Risk

    VC Circle &bull Feb 9, 2012

    Who wouldn't want to be a venture capitalist right now? Investment bankers may be reviled and private equity executives hammered but Silicon Valley's billionaire elite can do no wrong. Stephen Hester, chief executive of Royal Bank of Scotland, is forced by a public outcry to waive a bonus of less than 1m and Lloyd Blankfein of Goldman Sachs gains little credit for seeing his share bonus nearly halved to $7m. Yet no one minds that Jim Breyer of Accel Partners could gain $500m from Facebook's initial public offering,… Full Story »

  4. Zuckerberg Takes Control, You Get $100

    New York Times - DealBook &bull Feb 9, 2012

    After eight years, Mr. Zuckerberg, the co-founder and chief executive of Facebook, has an ironclad grip on the social networking giant. He owns 28.4 percent of all Class B shares, and through a chain of agreements with other shareholders, he… Full Story »

  5. OpenX Names Enterprise GM

    Socal Tech &bull Feb 2, 2012

    Los Angeles-based OpenX. the developer of online ad serving software, said today that it has named Eric Rosenthal as the firm's General Manager of its Enterprise business. Rosenthal was previously at AOL, serving as VP of National Sales. Rosenthal also… Full Story »

  6. Accel Partners Leads Prezi Series B

    Private Equity Hub &bull Dec 15, 2011

    Zooming presentation software Prezi has closed a $14 million Series B financing led by Accel Partners. The Series B also includes renewed participation by Sunstone Capital, who led the company's $1.5 million Series A in syndication with TED Conferences in… Full Story »

  7. Prezi lands $14 million to save us from death by Powerpoint

    Venture Beat &bull Dec 15, 2011

    Zooming presentation tool Prezi just landed an investment of $14 million from Accel Partners and previous Danish investors Sunstone Capital. Prezi is one of those rare startups which actually has revenue. The company has been cash flow positive since 2010. Known primarily for its online presentation software, Prezi also offers Prezi Desktop for offline editing, PreziMeeting… Full Story »


  8. Accel Leads $14M Round In Cloud-Based, Visual Presentation Software Prezi

    TechCrunch &bull Dec 15, 2011

    Cloud-based presentation software Prezi has raised $14 million in Series B financing led by Accel Partners with Sunstone Capital participating in the round. Accel's Andrew Braccia will be joining Prezi's board of directors. Prezi, which was founded in Budapest, Hungary… Full Story »


  9. From privacy to cake pops: 5 deep insights on big data

    GigaOm &bull Dec 14, 2011

    OK, everyone gets it - Hadoop is great and companies need to start analyzing all their data lest they risk losing their competitive edge. Gotcha. But there's a heck of a lot more to think about when it comes to big data, ranging from… Full Story »

    • Accel Partners

  10. LA-based Amplify launches $4.5M accelerator

    Vator News &bull Dec 14, 2011

    Amplify announced Wednesday its debut, with some pretty high-profile backers, including Mark Burnett, well-know television producer of the Apprentic and Survivor, as well as other entertainment executives, Brian Grazer and Jarl Mohn. Notable tech backers include Accel Partners, BC Capital,… Full Story »

    • Accel Partners

  11. Seatwave Releases iOS SDK To Help Music And Event Apps Monetize

    TechCrunch &bull Dec 13, 2011

    Seatwave is a long-time secondary marketing startup in the UK which competes with Viagogo. However, it appears to be tacking towards trying to out-innovate the competition by today releasing an iOS SDK. As far as we know this is the… Full Story »


  12. Stars & Start-ups: Karishma Kapoor Invests In Babyoye

    VC Circle &bull Dec 8, 2011

    Following their global counterparts, Indian celebrities are now reaching beyond endorsements and turning into full-fledged angel investors focused on start-ups. On Wednesday (Dec 7), Karishma Kapoor became the single largest individual shareholder in a niche e-commerce site for new parents called Babyoye.com. While the stake acquired by the… Full Story »

  13. Freshdesk Takes Customer Support Social, Raises $1 Million From Accel Partners

    PR Newswire &bull Nov 30, 2011

    PALO ALTO, Calif., Nov. 30, 2011 /PRNewswire/ -- SaaS-based, social customer support startup Freshdesk today announced that it has secured US $1 Million in funding from global venture capital firm Accel Partners. The investment will be used to expand the product team and step up marketing and business development efforts. The future of customer support is on the cloud, and a good portion of it will happen on the company's Facebook… Full Story »

  14. Top Angel Investors To Attend VCCircle's 2nd Angel Investor Summit

    VC Circle &bull Nov 22, 2011

    Angel investment in Indian continues to see a lot of traction, with an increasing interest from large, successful entrepreneurs and existing institutional investors to invest in exciting business ideas that will create tomorrow's large businesses. After the successful first edition, we have… Full Story »

  15. HotelTonight Gets Series B Funding

    Private Equity Hub &bull Nov 21, 2011

    Mobile app innovator HotelTonight has secured a $9 million series B investment. The funding round was led by Battery Ventures with additional funding from Accel Partners and First Round Capital. Accel Partners will assume a seat on the board and… Full Story »

  16. Glam Media launches new GlamSplash advertising platform

    Venture Beat &bull Nov 18, 2011

    Glam Media is launching a new video ad platform called GlamSplash that aims to mimic effectiveness of the 30-second TV spot advertisements, the company announced today. The company's advertisements have a reach of about 200 million unique visitors per month… Full Story »

  17. HotelTonight Raises $9M From Battery, Accel, First Round

    Private Equity Hub &bull Nov 18, 2011

    HotelTonight said it raised $9 million in a Series B round led by Battery Ventures and including participation from Accel Partners and First Round Capital. Accel Partners will assume a seat on the board of the San Francisco company, which… Full Story »

  18. Battery And Accel Put $9M In App For Last-Minute Hotel Deals, HotelTonight

    TechCrunch &bull Nov 18, 2011

    HotelTonight , a mobile app that offers deep discounts on same-day hotel deals, has raised $9 million in new funding led by Battery Ventures with Accel Partners and First Round Capital participating. Accel Partners will take a seat on the… Full Story »

  19. Facebook Investor DST Global Eyeing Indian Internet Firms

    VC Circle &bull Nov 18, 2011

    DST Global (earlier called Digital Sky Technologies), an investment major which has backed companies like Facebook and Groupon, has started to look at Internet companies in India for potential deals, according to sources familiar with the development. DST Global, which has poured billions in Internet and social networking companies over the last… Full Story »

  20. VC-Backed Braintree Names Nigel Morris to Board

    Private Equity Hub &bull Nov 18, 2011

    Braintree , a Chicago-based provider of online payments technology, has announced that Capital One co-founder Nigel Morris has joined the company's board of directors, and that he invested in the company following a $34 million investment from Accel Partners earlier… Full Story »

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