Paris-founded HR and payroll startup PayFit secures €70 million

French HR tech startup PayFit has landed €70 million in a funding round led by Eurazeo and Bpifrance, with participation from prior investors Accel, Frst, and Xavier Niel. This capital injection brings the total amount raised by the company to €83 million. PayFit has developed a SaaS payroll and HR platform that’s focussed on the […]

UK-based data privacy startup Privitar raises $40 million

London-based data privacy software startup Privitar has secured a funding round of $40 million led by Accel, with participation from existing investors Partech, Salesforce Ventures, 24Haymarket, and IQ Capital. Seth Pierrepont, partner at Accel, will join Privitar’s board of directors. Founded in 2014, Privitar provides data protection software for large organisations, including the NHS, HSBC, […]

UK-based derivative analytics startup OpenGamma raises $10 million

London-founded derivative analytics startup OpenGamma has landed a $10 million funding round led by Dawn, with participation from Accel, CME Ventures, and ex-SunGuard CEO Cristóbal Conde. OpenGamma claims that its solution allows “the world’s banks, hedge funds and asset managers to dramatically reduce the cost of trading derivatives.” The startup stated that it’s seen a […]

British email security startup Tessian raises $42 million from Sequoia

The US-based VC firm Sequoia Capital has led a $42 million funding round in Tessian, a cybersecurity startup headquartered in London; Latitude, Balderton Capital, and Accel also participated in the round. The deal was first reported by TechCrunch in January and confirmed by the company today. Founded in 2013 and formerly known as CheckRecipient, Tessian […]

Danish-founded log analysis startup Humio raises $9 million

Aarhus-based real-time log analysis startup Humio has raised $9 million in a funding round led by Accel. The company claims to have seen 13-fold revenue growth in 2018 and lists companies including Bloomberg, Microsoft, Netlify, Lunar Way, SpareBank 1, On the Dot, and Logibec. Founded in 2016, Humio currently has offices in Aarhus, London, and […]