Accel Partners

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,Collectabillia Walmart.com and Vox Media.

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]

References

External links

• Accel Partners (company website)
• Crunchbase Profile
• Maandate Profile