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 […]
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 […]
VC firm Accel’s London office (which is the global investment company’s base for all investments in Europe and Israel) has secured $500 million for its fifth fund.
Luxembourg-based mobile recruitment platform Job Today has announced a $10 million Series A round led by Accel. Felix Capital and Mangrove Capital Partners also took part in the round.