Accel Partners plans to announce Tuesday morning that former Groupon President and COO Rob Solomon will be joining the firm as a venture partner, adding a seasoned tech executive to the firm’s ranks and marking another interesting move for a former Groupon executive. In a statement, Accel wrote that Solomon would be evaluating early stage startups for the firm, which is known for its success in investing in web companies like Facebook.
The venture firm welcomed Solomon in a statement and explained what he would add:
“As Venture Partner, Rob will be evaluating early stage and growth equity opportunities with Accel. He will also play a major role in advising the firm’s portfolio companies on a wide range of strategic and operational issues like product management, scaling infrastructure, business operations, and mergers and acquisitions.”
Accel manages over $9.6 billion in funds and has had some strong successes investing in internet companies like Dropbox, Etsy, Facebook, Kayak, Prezi, Rovio, Trulia, and Vox Media.
Before his tenure at Groupon which ended in July 2012, Solomon worked at the venture firm Technology Crossover Ventures and was the president and CEO of a startup called Sidestep that was acquired by Kayak.