accel partners
More MegaUpload Fallout As BitTorrent Search Engine BTjunkie Calls It Quits
techcrunch.com
BTjunkie, a popular BitTorrent search service, has been ‘voluntarily’ shut down by its operator(s). In a goodbye message, BTjunkie writes: This is the end of the line my friends. The decision does not come easy, but we’ve decided to voluntarily shut down. We’ve been fighting for years for your right...
Accel, SV Angel, Y Combinator Put $1.5M In Online Bank Payments Platform GoCardless
techcrunch.com
If you’ve ever set up an automatic ‘Bill Pay’ feature on your bank account to pay off your utility and cable bills, then you’ve taken advantage of a nifty feature called an ‘interbank transfer’, also known as an ‘Automated Clearing House’ payment. Once they’re set up, they tend to be...
Capital Access Network Raises $30M From Accel To Loan Small Businesses Working Capital
techcrunch.com
In this economic climate, many small businesses do not qualify for loans based on the standards imposed by banks and financial institutions. For fledgling businesses, the establishment doesn’t have enough cash flow, revenue or credit to qualify for a loan. Many times, entrepreneurs have to put up personal assets as...
Mark Zuckerberg Used To Buy Facebook Investors' Voting Rights For $100 (FB)
www.businessinsider.com
Early investors in Facebook signed away their voting rights to Mark Zuckerberg in exchange for $100 cash, reports The New York Times. This quirky arrangement was described in part of the documents that Facebook filed for its IPO: "This agreement is being entered into in exchange for a payment...
Task-Based Marketplace Fiverr Raises $15M From Accel And Bessemer
techcrunch.com
Fiverr, a global marketplace offering tasks and services for as little as $5, has raised $15 million in funding from Accel Partners and Bessemer Venture Partners. This brings the company’s total funding to $20 million. Merchants, entrepreneurs, contractors and more workers in more than 200 countries use Fiverr to monetize...
Russian Classified Giant’s $75m From Accel Shows It’s 1999 In Emerging Economies
techcrunch.com
Avito.ru, the biggest online classified ads site in Russia, has secured a fresh $75 million round of funding from Accel Partners’ London office. Founded in 2008, Avito has so far landed $101 million from Accel, Baring Vostok Private Equity, Kinnevik, and Northzone. The capital will be used for expansion and...
Fiverr helps get things done for as little as $5, raises $15m from Accel and Bessemer
thenextweb.com
Israeli startup Fiverr, which is building a global marketplace where people can buy and sell small services for as little as $5, has landed $15 million in funding from Accel Partners and Bessemer Venture Partners. The company had previously raised $5 million in early-stage funding from Bessemer and angel investors...
Building a digital media empire: SB Nation and The Verge owner Vox Media raises $17 million
thenextweb.com
Online media publisher extraordinaire Vox Media, which owns and operates fast-growing tech news site The Verge, sports blog network SB Nation and an upcoming game industry news outlet tentatively named Vox Games, has secured $17 million in a financing round that could end up totaling just south of $17.5 million....
Hollywood Tech: Beachmint’s newest vertical launches with Justin Timberlake’s HomeMint
thenextweb.com
Earlier this year, we wrote about LA’s tech scene, which includes Science Inc., a new “technology studio” and notable startups like ShoeDazzle, BetterWorks, Gravity and GumGum, most of which are in a 5-10 block radius around the 3rd St. Promenade in Santa Monica. One of LA’s premiere startups is BeachMint, an ecommerce company that lets customers subscribe to...
Facebook's First President Sean Parker's Next Big Thing Is Chatroulette For Facebook
www.businessinsider.com
We've long suspected Airtime to be a social video chat website, and we've heard before from industry sources that it's similar to Chatroulette. But the most recent website update basically confirms it, with a big fat Facebook Connect button sitting in the middle of the site. Here's how the new...
OpenX Acquires Supply Side Platform LiftDNA
techcrunch.com
Ad tech company OpenX just announced that it’s acquiring startup LiftDNA. The startup offers a supply side platform, which publishers use to automate and optimize the sale of their ad inventory. Combined with OpenX’s ad server and ad exchange technology, CEO Tim Cadogan tells me that the company will be...
Lockups and Insider Selling
www.avc.com
There is a lot of sturm und drang out there in the worlds of social media, finacial media, and just plain media about all the lockups coming off and all the insider selling going on in some big internet stocks. As someone who has played this game a few times,...
Custom Fit Mens’ Clothing Brand Bonobos Raises $16.4M From Accel; Lands Nordstrom Investment And Retail Deal
techcrunch.com
Bonobos, a brand that sells custom fit mens clothing online, has raised $16.4 million led by retail giant Nordstrom, with Accel Partners and Lightspeed Venture Partners participating. This brings the company’s total funding to nearly $40 million. In addition to the funding, Nordstrom will now sell Bonobos clothing at a...
Custom Fit Mens’ Clothing Brand Bonobos Raises $16.4M From Accel; Lands Nordstrom Investment And Retail Deal
Mobile Social Gaming Company Dragonplay Raises $14M From Accel To Expand To iOS
techcrunch.com
Dragonplay, a free-to-play social games developer for Android and Facebook, has raised $14 million Series A funding from Accel Partners, Founder Collective and Entrée Capital. The Israeli company was founded in 2010 by Sharon Tal. Dragonplay specializes in multi-platform social game experiences in the cards, casino and board game category...
Google VP Marissa Mayer nominated for Walmart board seat
thenextweb.com
Walmart, or Wal-Mart Stores as the retail giant is actually called, this morning revealed that its board of directors has nominated Marissa Mayer, VP of Location and Local Services at Google, for election as a new member of the company’s board. The election is set to happen at Walmart’s Annual...
Collaboration Startup Atlassian Acquires HipChat
allthingsd.com
Amid the current craze for enterprise collaboration software, somehow Atlassian had escaped my attention. Ten years old, based in Sydney and San Francisco, backed by a $60 million investment from Accel Partners, and sporting annual revenues north of $100 million, Atlassian makes collaboration tools for software developers. Today Atlassian will...
Vigilent Raises $6.7M From Accel For Intelligent Data Center Energy Management System
techcrunch.com
Vigilent, a company that provides intelligent energy management systems for data centers, telecommunications facilities and large buildings, has raised $6.7 million in investments led by Accel Partners. This investment is part of Accel’s new $100 million Big Data fund. Angel investors including Gaurav Garg and Peter Wagner also participated in...
After Zynga Settlement, Layoffs Hit Brazilian Social Gaming Company Vostu
techcrunch.com
Brazilian social gaming giant Vostu is laying off an undisclosed number of employees, we’ve learned. Vostu, which has raised $46 million from Intel Capital, Accel Partners, General Catalyst, and Tiger Technology Global Management; is one largest social gaming companies in Latin America. The gaming company was founded in 2007 by...
$150,000 Is Up For Grabs At Stanford’s BASES Finale
techcrunch.com
Stanford has been a hotbed of startup activity for what seems like forever, and one reason for that is its Business Association of Stanford Entrepreneurial Students (BASES) program. The group, which has been instrumental in promoting startup activity at the university for the last 15 years, will be awarding $150,000...
Deutsche Telekom invests $2.63M in Germany’s Flaregames (exclusive)
venturebeat.com
Germany’s Flaregames, a mobile game startup headed by Gameforge founder Klaas Kersting, has raised $2.63 million (2 million euros) from Deutsche Telekom’s investment arm. T-Venture Investment will take a stake in Karlsruhe, Germany-based Flaregames, which is making free-to-play games for a variety of mobile platforms. The deal comes on...
Big Data startup Trifacta comes out of stealth with $4.3M in Accel funding
venturebeat.com
Trifacta is coming out of stealth mode today as the latest Big Data startup. Accordingly, it has raised $4.3 million from Accel Partners’ Big Data Fund. Trifacta is creating productivity platforms that make data analysts more productive. And the company’s visualization software makes normal folks into database analysts. The...
With More Than 2M Downloads, HotelTonight Raises Another $23M From US Venture Partners
techcrunch.com
Last-minute hotel booking startup HotelTonight just announced that it raised a $23 million Series C round led by U.S. Venture Partners (USVP). The financing includes existing investors Accel Partners, Battery Ventures, and First Round Capital. In addition to the funding, HotelTongiht will be adding USVP general partner Rick Lewis to...
Qualtrics Raises $70M From Accel And Sequoia: “The Biggest Software Company You Haven’t Heard Of”?
techcrunch.com
Two of the top venture capital firms have written a big check for Qualtrics, a 10-year-old company offering online data collection and analysis. The $70 million round is the first institutional investment in the company, which says it has been profitable since it was founded in 2002. The money comes...
Angry Birds billionaires in the making? Rovio ownership structure laid bare
thenextweb.com
Angry Birds is most certainly a fun game, but it’s also turning into a huge franchise that is apparently poised to make some Friendly Fins a sizeable chunk of cash. Finnish financial magazine Arvopaperi this morning revealed parent company Rovio’s ownership structure, based on public information from the country’s governmental...
Still In Stealth, Origami Logic Gets $9.3M For A Platform To Help Marketers Unfold And Make Sense Of Big Data
techcrunch.com
Talk to an engineer, and the world is full of big data promise. But those who work at the front end the tech industry — business development, sales and marketing people, for example — have largely been cut out of that conversation. That appears to slowly be changing, with the...
Still In Stealth, Origami Logic Gets $9.3M For A Platform To Help Marketers Unfold And Make Sense Of Big Data
Educreations Grabs $2.2M From Accel, NewSchools To Turn Your iPad Into Your Classroom
techcrunch.com
Khan Academy has attracted the attention of millions of students and parents (and has even impressed Bill Gates) by flipping the traditional classroom and homework model on its head with videos on a variety of academic subjects. While it’s easy to admire Khan’s devotion to teaching, the truth is he’s...
Food Subscription Service Foodzie Gets Gobbled Up By Video Shopping Network Joyus
techcrunch.com
Online food marketplace and subscription tasting box service Foodzie has been acquired by video eCommerce service Joyus, in a combination cash and stock deal. “It was clear to me that video was the key to telling stories about food,” Foodzie co-founder Emily Olson wrote in an email to users, “The people,...
Koding scores $2m from RTP Ventures, Greycroft for cloud-based development platform
thenextweb.com
Koding, which is in the midst of rolling out its cloud-based environment for developers in public beta, has raised $2 million from Greycroft Partners and RTP Ventures (a U.S. investment firm associated with VC fund ru-Net). Other backers include individual angel investors such as former Google exec Rich Chen, Media...
Collaboration software maker Atlassian buys chat service HipChat to enhance its products
thenextweb.com
Atlassian, a company that builds collaboration software, this morning announced that it has acquired HipChat, a hosted private chat service for companies and teams that can be compared to Campfire and tools like Yammer and Salesforce’s Chatter. Terms of the acquisition were not disclosed. Both companies are based in San...
Eyeing An IPO, Enterprise Data Company Nimble Storage Raises $40.7M From Sequoia And Accel
techcrunch.com
Nimble Storage, the developer of flash-optimized, hybrid storage and backup solutions for the enterprise has raised $40.7 million in funding from led by existing investors Sequoia Capital and Accel Partners. Artis Capital Management, Lightspeed Venture Partners and GGV Capital also participated in the round. This brings Nimble Storage’s total funding to...
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