Accel Partners
| This article relies on references to primary sources. (March 2011) |
| 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 global venture and growth equity firm. Accel funds companies from inception through the growth stage.
Accel manages over $8.8 billion from offices in Palo Alto, California, New York City, London, India and China (through a partnership with IDG-Accel)
Over the last three decades, Accel has helped entrepreneurs build over 300 successful companies, many of which have defined their categories, including Facebook, Groupon, GetJar, Cloudera, AdMob, Dropbox, Trivone, 99designs, Glam Media, Spotify, Etsy, Angry Birds (Rovio), Braintree, Lookout, SunRun, TRUSTe, Kayak, Supercell, Macromedia, metroPCS,Flipkart and Walmart.com.
Contents |
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 a broad range of sectors, including: information technology, internet, digital media, mobile, networking, software, and services. As with Accel's early-stage efforts, Accel Growth Fund has played an active role in helping entrepreneurs and management teams build category-defining, global businesses.
In April 2009, Sukhinder Singh Cassidy, formerly Google's President for Asia-Pacific & Latin American Operations, came on board as CEO-in-residence.[1]
Founder of RealNetworks, Rob Glaser joined Accel's Venture Development team in June 2010, focusing on digital media technology, social media, and mobile service investments.[2]
Locations and People [edit]
Palo Alto [edit]
Eleven partners are based in Accel’s Palo Alto office: Andrew Braccia, Jim Breyer, Kevin Efrusy, Sameer Gandhi, Ping Li, Todd Maclean, Arthur Patterson, Theresia Gouw Ranzetta, Jim Swartz, Ryan Sweeney, Rich Wong.
London [edit]
Six partners are based in Accel’s London office: Philippe Botterri, Kevin Comolli, Sonali De Rycker, Bruce Golden, Michiel Kotting, Harry Nelis, Adam Valkin
India [edit]
Four partners are based in Accel’s India office: Mahendran Balachandran, Shekhar Kirani, Subrata Mitra, Prashanth Prakash.
China [edit]
Accel’s investments in China are operated through a partnership with IDG Capital Partners
References [edit]
- ^ "Accel Partners Adds Google Executive Sukhinder Singh Cassidy as CEO-in-Residence". Accel Partners. 8 April 2009.
- ^ "Rob Glaser, Founder of RealNetworks, Joins Accel Partners". Accel Partners. 25 May 2010. Retrieved 2011-03-31.
External links [edit]
- Accel Partners (company website)
- Crunchbase Profile
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