Brocante Lab, an online marketplace for second-hand furniture and home décor, has raised a €3 million Series A round and will rebrand under the name Selency. The investment comes from Accel and Kima Ventures and will be used to further develop its curated platform for buying antique or used furniture from dealers and other users […]
OpenGamma, a London-based financial software and derivatives risk analytics provider, has raised $13.3 million from Accel and ICAP with participation from former SunGard CEO Cristóbal Conde. The startup provides software-as-a-service products for derivative risk analytics in the face of growing regulations, particularly in the States. It has built up its own open source library for […]
Accel partner Philippe Botteri believes in a bright future for European SaaS firms, and the investor has identified 100 promising companies in the category.
Early-stage investor Accel has established a more permanent base in Tel Aviv, after capital injections in 30-something Israeli tech companies over the years. The VC firm is today announcing the appointment of Nir Blumberger as venture partner, a former corporate development executive at Facebook (which, for the record, was also backed by Accel). Accel bills […]
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. […]
Shift Technology, a Paris-based SaaS startup for detecting insurance fraud, has raised $10 million in a Series A funding round led by Accel along with Elaia Partnersand Iris Capital. According to the startup, much of today’s insurance fraud detection is done manually and as a result only around 15% of fraud cases are ever detected. […]
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 […]