Category Archives: Accel

Pia d’Iribarne joins Stride.VC as third partner

It turns out Stride.VC isn’t going to focus exclusively on the U.K. after all. Pia d’Iribarne is leaving Accel to join Stride.VC as a partner. Stride.VC was originally co-founded by former Accel partner Fred Destin along with Harry Stebbings, producer of “The Twenty Minute VC” podcast. Back in October, when TechCrunch’s Steve O’Hear covered the official closing of the £50 million fund, the pair said that they would focus on the U.K. at first. Arj Soysa also joined the firm as operating partner around the same time. […]

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For $5,800 per year, Chief helps women reach the C-suite

For decades, women in business have lacked the resources necessary to navigate to or sustain executive roles. Finally, venture-funded projects have emerged to fill this gap. The latest is Chief, a private network for New York-based women in senior roles in tech, retail, enterprise, finance, media and more. The company launches today with $3 million in venture capital funding to provide its 200 members access to a Tribeca clubhouse, monthly executive coaching and leadership development sessions and a salon series, which includes “intimate dinners with captains of industry” […]

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E-scooter startup Bird is raising another $300M

Electric scooter startup Bird is said to be nearing a deal to extend its Series C funding with an additional $300 million led by cross-over investor Fidelity, according to an Axios report. Bird declined to comment. Fidelity has not previously invested in Bird and is reportedly doing so at a flat pre-money valuation of $2 billion, which Bird earned with a $300 million Sequoia-led financing in June. Santa Monica-based Bird has raised more than $400 million in venture capital funding to date from investors, including Accel, CRV, […]

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Farfetch bets on sneakers with $250M Stadium Goods acquisition

The lines between streetwear and luxury fashion have blurred in recent years, especially as excitement around sneaker brands like Yeezy and Off-White has soared. A marriage between a luxury fashion marketplace and a sneaker and streetwear reseller seems like a natural way to wrap up M&A in 2018. With that said, Farfetch has acquired New York-based Stadium Goods, opting to pay $250 million for the sneaker startup in a combination of cash and Farfetch stock. Headquartered in London, Farfetch went public on the New York Stock Exchange […]

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Tiger Global and Accel lead facility management startup Facilio’s $6.4M Series A

Facilio, an IoT startup that focuses on facility management software, announced today that it has raised a $6.4 million Series A led by Tiger Global and returning investor Accel. The funding will be used to expand further in India, where Facilio has an office in Chennai, the United States, and the Middle East, as well as enter new markets. Facilio is also one of the first new Indian companies Tiger Global has added to its portfolio since hitting pause on new investments there in 2015. Led by […]

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Automakers invest in Transit, the app that helps people get around without a car

Transit, a company that built a mobile app designed to help people in cities live without cars, has raised $17.5 million from two automakers in a Series B round. The round was led by RenaultNissan-Mitsubishi’s joint investment arm Alliance Ventures. InMotion Ventures, Jaguar Land Rover’s venture capital fund, also joined the round, as well as two past investors, Accel and Real Ventures. RenaultNissan-Mitsubishi and Jaguar Land Rover’s investment would have seemed counterintuitive five years ago. But this is 2018. It’s the year of the scooter wars and micro-mobility; it’s […]

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Instana raises $30M for its application performance monitoring service

Instana, an application performance monitoring (APM) service with a focus on modern containerized services, today announced that it has raised a $30 million Series C funding round. The round was led by Meritech Capital, with participation from existing investor Accel. This brings Instana’s total funding to $57 million. The company, which counts the likes of Audi, Edmunds.com, Yahoo Japan and Franklin American Mortgage as its customers, considers itself an APM 3.0 player. It argues that its solution is far lighter than those of older players like New […]

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Branch pairs up with TUNE to create a supersized marketing and measurement platform

Branch announced today that it has acquired TUNE‘s attribution analytics team and business, a part of the SaaS platform that focuses on optimizing and accurately attributing ad spend. Terms of the deal were not disclosed.  TUNE, a Seattle-based startup founded in 2009, helps ad platforms tie marketing investments to measurable outcomes.  Backed by Android co-founder Andy Rubin’s Playground Ventures, Branch creates links between websites and mobile apps, called deep links. The deal will help the company, which supports 40,000 apps with roughly 3 billion monthly users, expand […]

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