Accel

Accel is a global venture capital firm that focuses on early-stage and growth-stage investments in technology companies. Founded in 1983, Accel has offices in Palo Alto, California, and London, United Kingdom. The firm is known for its investments in companies such as Facebook, Dropbox, Slack, and Spotify.

History

Accel was founded by Arthur Patterson and Jim Swartz in 1983. The firm initially focused on early-stage investments in the United States but has since expanded its reach globally. In 2000, Accel opened its London office to target the European market.

Investment Strategy

Accel invests in a wide range of technology sectors, including software, internet, mobile, and enterprise technology. The firm typically invests in early-stage companies but also participates in growth-stage funding rounds. Accel is known for its hands-on approach, working closely with portfolio companies to help them scale and succeed.

Notable Investments

Accel has a history of successful investments in high-profile technology companies. Some of the most notable investments include:

• Facebook: Accel invested $12.7 million in Facebook's Series A round in 2005.
• Dropbox: Accel participated in Dropbox's Series B round in 2008.
• Slack: Accel invested in Slack's Series C round in 2014.
• Spotify: Accel invested in Spotify's Series D round in 2010.

Global Presence

Accel has a significant global presence with offices in Palo Alto and London. The firm also has a network of partners and advisors around the world, enabling it to identify and invest in promising technology companies globally.

See Also

• Venture capital
• Startup company
• Private equity
• Technology companies

Related Pages

• Facebook
• Dropbox
• Slack
• Spotify
• Venture capital
• Startup company

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