News Corporation has named Accel Partners’ Jim Breyer to its board of directors.The 50-year-old Breyer, a Silicon Valley venture capital veteran known for making early bets on AOL and Facebook, could bring some much-needed digital savvy to the New York City-based media behemoth. Read More »
Tech
Venture funds raised a mere $2.7 billion during the second quarter this year, and the industry trade association is sounding the alarm about a shrinking number of funds. What does it mean for the industry when the diversity of funds decrease? Read More »
RockMelt has raised $30 million in a series B funding round led by Accel Partners, Khosla Ventures and Andreessen Horowitz. Although Rockmelt has already seen interest from potential acquirers, the social browser company has opted to “double down” on the opportunity to grow independently. Read More »
99Designs acquired a devoted customer base, logged millions in annual revenue, and achieved profitable operations without taking on a dime of venture capital. I sat down with employee number one and CTO Lachlan Donald to find out how the company bootstrapped its way to profitability. Read More »
Rovio, the Finnish company behind the hit Angry Birds game has raised $42 million in venture funding to grow the business into different directions. Investors in the company include Accel Partners, Atomico and Felicis Ventures. Angry Birds maker hopes to become a many-media brand. Read More »
Accel Partners, the firm backing Facebook and Groupon, announced has opened an office in New York, giving the city’s growing tech scene another profile-raising boost. It’s further recognition that New York has grown in importance and could signal more eastward migration from Valley VC firms. Read More »
MoPub, a mobile ad serving start-up built by ex-Google and AdMob guys, has raised a seed round from Accel Partners and Harrison Metal Capital. The team is angling to become the DoubleClick of mobile, serving up ads to apps and websites from various networks. Read More »
