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Last updated on April 18, 2014 at 21:21 EDT

Latest Accel Partners Stories

2014-04-01 08:25:38

Founder of Bungie Studios Developing for the "Mobile Core" Gaming Experience PASADENA, Calif., April 1, 2014 /PRNewswire/ -- Industrial Toys, a next-generation mobile games developer, announced today a new $5m Series A round of funding led by Accel Partners, early investors in Rovio and Supercell. Industrial Toys is founded by Alex Seropian, founder of Bungie Studios (the team behind the hit Halo franchise). As part of the financing, the company is also announcing the launch of its...

2014-03-31 08:32:29

MENLO PARK, Calif., March 31, 2014 /PRNewswire/ -- Accel-KKR, a technology-focused private equity investment firm with over $2.5 billion under management, today announced the completion of fundraising for Accel-KKR Structured Capital Partners II with $325 million in committed capital, exceeding its target. The new fund continues the predecessor fund's focus on making minority equity investments in growing technology companies via senior equity and other structured securities....

2014-03-25 08:37:25

Founded by former Salesforce.com executive, Tactile debuts Tact, the first app designed for salespeople to seamlessly connect the information and tools they need everyday REDWOOD CITY, Calif., March 25, 2014 /PRNewswire/ -- Launched today, Tactile makes user-centric applications, built upon its personal sync platform, that empower professionals in their work lives. Founder and CEO Chuck Ganapathi secured $11.2 million in Series A funding from Accel Partners and Redpoint Ventures to...

2014-02-23 23:02:08

Mobile advertising attribution company, HasOffers, taps Ralf Hirt as Chief Revenue Officer to scale and position the company’s already industry leading technologies Seattle, Washington (PRWEB) February 23, 2014 HasOffers, the industry standard in attribution analytics, is proud to welcome Ralf Hirt as Chief Revenue Officer. In this role, Ralf will focus on US and international expansion as well as business operations and strategy. Ralf responds to joining: “HasOffers’ wild growth...

2014-02-03 16:27:41

MENLO PARK, Calif., Feb. 3, 2014 /PRNewswire/ -- Accel?KKR, a technology?focused private equity investment firm, today announced that Verint® Systems Inc. (NASDAQ: VRNT) has completed its previously announced acquisition of KANA Software, Inc., a portfolio company of Accel-KKR, for $514.2 million in cash. "Accel-KKR was an extraordinary partner to the KANA management team following the acquisition that brought the company private in December 2009," said Mark Duffell, KANA's CEO....

2014-01-21 04:22:41

Aorato Launches into Security Industry with Series B Funding Led by Accel Partners and a Unique Active Directory Focus TEL-AVIV, Israel, January 21, 2014 /PRNewswire/ -- Today, Aorato launches into the international cybersecurity market with the first context-aware, behavior-based Directory Services Application Firewall (DAF). The company's solution profiles, then not only learns, but also predicts entities' behaviors enabling context aware real-time decision making....

2014-01-09 08:29:17

BANGALORE, India, January 9, 2014 /PRNewswire/ -- Bangalore-based affordable ophthalmic technology and solutions company Forus Health Pvt. Ltd. (Forus) has successfully raised Series B funding of Rs 50 crore in a round led by Asian Healthcare Fund. Accel Partners and IDG Ventures India, the existing investors, also participated. Unitus Capital was the sole advisor to Forus for the transaction. (Logo: http://photos.prnewswire.com/prnh/20140109/662862 ) Forus...

2013-12-17 08:33:05

Leading Tutoring Marketplace Crosses $100M in Cumulative Gross Sales during 2013 CHICAGO and PALO ALTO, Calif., Dec. 17, 2013 /PRNewswire/ -- WyzAnt, the leading online marketplace for private tutoring, today announced a $21.5 million investment from Accel Partners, the global venture capital firm. The funds will be used to drive product innovation and scale WyzAnt's technology platform as the company expands globally. With over 500,000 tutors and 1 million students, WyzAnt is the...

2013-12-05 08:34:15

Experienced Investor Joins Firm's Early Stage Team PALO ALTO, Calif., Dec. 5, 2013 /PRNewswire/ -- Accel Partners, a leading Silicon Valley venture capital firm, today announced Brian O'Malley as the latest addition to the firm's early stage team. Brian most recently was a General Partner at Battery Ventures, where he focused on seed and early stage investments in consumer internet, cloud services and application software. (Photo: http://photos.prnewswire.com/prnh/20131205/AQ28253)...

2013-09-09 08:32:24

Investment to Fuel Growth and Innovation in Next Generation Threat Protection Market IRVINE, Calif., Sept. 9, 2013 /PRNewswire/ -- CrowdStrike, a global provider of security technologies and services focused on identifying advanced threats and targeted attacks, today announced that it has raised $30 million in Series B financing. The round was led by Accel Partners and included founding investor Warburg Pincus. Sameer Gandhi, Partner, Accel Partners, will join the board of directors....