Accel Partners

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Accel Partners
Private Ownership
Industry Venture capital
Founded 1983
Headquarters Palo Alto, California, U.S.
Products Venture capital, Growth capital

Accel, formerly known as 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 its US offices in Palo Alto, California and New York City. It has separate operating funds in London[1] , India[2] and China (through a partnership with International Data Group (IDG-Accel)).[3]


In 1983, Accel was founded by Arthur Patterson and Jim Swartz.[4]

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.[5]

In addition to Accel's continued investments in early-stage startups from the Accel X early stage fund, the firm announced a $480 million growth fund in December 2008, focused on growth equity opportunities in information technology, internet, digital media, mobile, networking, software, and services.[6]

In March 2016, Accel raised $2 billion, $500 million for an early stage venture fund and $1.5 billion for a growth investments. [7]


External links[edit]