SaaS Wars: Europe Awakens

Accel partner Philippe Botteri believes in a bright future for European SaaS firms, and the investor has identified 100 promising companies in the category.

Munich big data analytics firm Celonis secures $27.5 million investment

Munich-based big data company Celonis has raised $27.5 million in a Series A round led by Accel and 83North (formerly Greylock IL) to push its global expansion. The company specialises in a big data analytics concept called Process Mining, aimed at providing more transparency in how a company operates through real-time analytics of end-to-end processes. […]

Container monitoring startup Weaveworks raises $15 million from GV and Accel

Weaveworks, the makers of container and microservices management solutions, has closed a Series B funding round worth $15 million. The round was led by new investor GV (the former Google Ventures) and existing investor Accel. According to the UK startup, the funds will be used to meet increasing demand for its services in containers and […]

E8 Storage raises $12 million from Accel to build out its enterprise storage offering

Israeli enterprise storage company E8 Storage has raised $12 million in a Series B round led by Accel with participation from existing investors Vertex Partners and Magma Venture Partners. E8 Storage builds rack-scale flash architecture to accommodate NVMe (Non-Volatile Memory Express) storage that promises to improve performance and reduce latency in data centres. This new […]