Accel Partners

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Accel Partners
Type Private Ownership
Industry Venture capital
Founded 1983
Headquarters Palo Alto, California, U.S.
Products Venture capital, Growth capital
Website www.accel.com

Accel Partners is a venture and growth equity firm. Accel funds companies from inception through the growth stage. The company manages over $8.8 billion from offices in Palo Alto, California, New York City, London, India and China (through a partnership with IDG-Accel).[1]

History[edit]

Accel Partners was founded in 1983 by Arthur Patterson and Jim Swartz.

In 2000, Accel entered into a joint-venture with Kohlberg Kravis Roberts to form Accel-KKR a technology-focused private equity investment firm focused on control investments of middle-market companies.

In addition to Accel's continued investments in early-stage startups from the Accel X early stage fund, Accel announced its $480 million growth fund in December of 2008. This fund has focused on growth equity opportunities across sectors including: information technology, internet, digital media, mobile, networking, software, and services.

In April 2009, Sukhinder Singh Cassidy, formerly Google's president for Asia-Pacific and Latin American operations, became a CEO-in-residence.[2]

Founder of RealNetworks, Rob Glaser joined Accel in June 2010, focusing on digital media technology, social media, and mobile services.[3]

References[edit]

  1. ^ Mac, Ryan (March 19, 2014). "Accel Partners Raises New Funds Totaling Over $1 Billion As Facebook Investor Jim Breyer Reduces Role". Forbes. 
  2. ^ "Accel Partners Adds Google Executive Sukhinder Singh Cassidy as CEO-in-Residence". Press release. Accel Partners. 8 April 2009. Retrieved 1 September 2013. 
  3. ^ "Rob Glaser, Founder of RealNetworks, Joins Accel Partners". Accel Partners. 25 May 2010. Retrieved 2011-03-31. 

External links[edit]