Accel (company)
 |
 | This article possibly contains original research. (February 2014) |
_2012_logo.svg){kind=logo} | |
| Company 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).
Since 1983, Accel has invested in over 300 companies, including Facebook, Groupon, GetJar, Cloudera, AdMob, Dropbox, Trivone, 99designs, Glam Media, Spotify, Etsy, Angry Birds (Rovio), Braintree, Lookout, SunRun, TRUSTe, Kayak, Supercell, Macromedia, Medio, metroPCS, Code 42 Software, Flipkart, Walmart.com and Shopmium.
History
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.[1]
Founder of RealNetworks, Rob Glaser joined Accel in June 2010, focusing on digital media technology, social media, and mobile services.[2]
Locations and people
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. giifug
Five partners are based in Accel’s London office: Philippe Botterri, Kevin Comolli, Sonali De Rycker, Bruce Golden, Michiel Kotting, Harry Nelis
Four partners are based in Accel’s India office: Mahendran Balachandran, Shekhar Kiiirani, Subrata Mitra, Prashanth Prakash.
Accel’s investments in China are operated through a partnership with IDG Capital Partners
References
- ^ "Accel Partners Adds Google Executive Sukhinder Singh Cassidy as CEO-in-Residence". Press release. Accel Partners. 8 April 2009. Retrieved 1 September 2013.
- ^ "Rob Glaser, Founder of RealNetworks, Joins Accel Partners". Accel Partners. 25 May 2010. Retrieved 2011-03-31.
External links
- Accel Partners (company website)
- Crunchbase Profile
  | This article about a private equity or venture capital firm is a stub. You can help Wikipedia by expanding it. |