Accel Partners

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Latin America’s Groupon Mafia

 The founders of PayPal and its employees have produced many highly successful companies over the years. Often referred to as the “PayPal Mafia” because they’ve had such an impact on the startup ecosystem, this serial entrepreneur success story is reminiscent of a similar phenomenon taking place in Latin America. The story starts with another U.S. company, Groupon. Read More

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Identity management startup ForgeRock snags $88 million Series D

 Used to be when we thought about identity as it relates to computers and software, it involved a person logging into an application or service. Increasingly though, you also have machines and sensors attempting to authenticate as they access your systems. That creates complications for identity management vendors because instead of managing thousands or tens of thousands of identities, it… Read More

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Qualtrics waits on that IPO, raises $180 million at a $2.5 billion valuation instead

 That Qualtrics IPO many have been expecting is on hold for now. The online market research platform has just raised its third round for $180 million at a whopping $2.5 billion valuation. The Provo, Utah-based company came from much humbler beginnings, bootstrapping the operation for a decade before finally taking financing from Sequoia and Accel in 2012. It has blown up since then,… Read More

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Gametime raises $20 million to sell last-minute, textable tickets to sporting events and concerts

Gametime CEO and founder Brad Griffith. Gametime has raised $20 million in venture funding for an app that allows people to find and buy tickets to a nearby concert or sporting event at the last minute, and even up to a half-hour after a game begins.
Evolution Media Partners led Gametime’s Series B round, joined by GV, Stanford’s StartX Fund, Accel Partners, Casey Wasserman and Jeff Mallett.
The funding brings… Read More

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Zenoti raises $15 million for spa bookings

Mobile-POS Zenoti The spa industry is in need of a technology makeover and Zenoti thinks it can help. The Seattle-based startup is raising $15 million in a round led by Norwest Venture Partners to help salons run their businesses. A cloud-based management platform, Zenoti helps spa chains with everything from billing to inventory management. They aim to create a tailored enterprise software experience for what… Read More

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Accel Partners Looks To Map The Marketing Technology Ecosystem

growthverse Accel Partners wants to solve the question for startups, “Who does this marketing thing I need?” It’s doing that with an online tool called Growthverse, an interactive visualization of companies in the marketing technology ecosystem. It launched earlier this year but since receiving a lot of feedback, Accel Partners has refined it with a big update today into what it hopes is… Read More

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GoFundMe Confirms Its Funding Round, Which Valued It At $500M

gofundme nepal GoFundMe confirmed that it has raised venture capital financing in a blog post today, infusing the previously bootstrapped company with cash that will give it room to grow. TechCrunch previously reported that the round valued GoFundMe at around $500 million, though one of our sources said the valuation could have ended up higher than that. Our sources also told us the reason why it attracted… Read More

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Illumio Raises $100M More For Enterprise Security That Goes Beyond The Firewall

bright lights As the number of IT breaches continues to rise, startups that are coming up with creative ways of tackling the issue are growing, too. In the latest development, Illumio — a startup that aims to secure enterprise computing environments beyond their firewall perimeters by covering processes and applications in data centers and public and private clouds — is today announcing that… Read More

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