Archive for the ‘Accel Partners’ Category

French Mobile Coupon Service Shopmium Raises $2.1 Million

Amit Chowdhry | December 18, 2011 | 380 views | Add a Comment
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Shopmium is a mobile shopping service company that has raised $2.1 million from Accel Partners and ISAI. Shopmium launched in September 2011 and they allow large consumer brands to stay engaged with users through special offers and coupons that are pushed to smartphones. Between the company’s Android and iPhone apps, there was about 100,000 downloads in the first few weeks since launching in France. [TechCrunch]

Cloud-Based Presentation Software Company Prezi Raises $14 Million

Amit Chowdhry | December 18, 2011 | 467 views | Add a Comment
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Prezi is a cloud-based presentation software company that has raised $14 million in Series B funding led by Accel Partners and Sunstone Capital. Andrew Braccia of Accel will be joining the board at Prezi. Prezi is based in Budapest, Hungary and was started in 2009 by Adam Somlai-Fischer, Peter Halacsy, and Peter Arvai.

Freshdesk Raises $1 Million From Accel Partners

Amit Chowdhry | December 1, 2011 | 337 views | Add a Comment
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Freshdesk is a software-as-a-service based company that has raised $1 million in funding from Accel Partners. This investment will be used for expanding their product team. Freshdesk was founded by former Zoho executives, Girish Mathrubootham and Shanmugam Krishnasamy.

How Much Groupon Executives and Investors Made From The IPO

Amit Chowdhry | November 5, 2011 | 725 views | Add a Comment
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Yesterday Groupon Inc. (NASDAQ:GRPN) had an initial public offering. The company set their stock price at $20 and yesterday it closed at $26.11. The company was given a valuation of over $17 billion. BusinessInsider.com has compiled a list of how much the executives and investors made from the IPO. Below is the list:

Brightcove Files For An IPO

Amit Chowdhry | August 26, 2011 | 452 views | Add a Comment
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Brightcove is an online video infrastructure company that has filed for a $50 million IPO. It is unknown how many shares they plan on selling as part of the deal. The underwriters in this IPO includes Morgan Stanley, Stifel Nicolas, RBC Capital, Pacific Crest and Raymond James.

Centrify Raises $16 Million In Series D

Amit Chowdhry | August 18, 2011 | 428 views | Add a Comment
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Centrify has announced that they have raised $16 million in Series D. They plan on using the funding for international expansion and continued revenue growth. Centrify provides security and compliance for on-premise and cloud-based systems. Centrify also provides applications to over 3,500 customers. Investors in this round include the Mayfield Fund, Accel Partners, Invesco Private Capital, and Sigma Partners.

Couchbase Raises $14 Million

Riley Kennysmith | August 10, 2011 | 461 views | Add a Comment
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Couchbase, the NoSQL database company created by the merger of CouchOne and Memebase, has raised $14 million in new funding. The investors include Ignition Partners, Accel Partners, North Bridge Venture Partners and Mayfield Fund. The Series C funds, which bring the company’s total to $30 million, will be used to grow Couchbase’s enterprise and help the company expand internationally. [TechCrunch]

Storm8 Raises $300 Million, $1 Billion Valuation

Riley Kennysmith | August 3, 2011 | 522 views | Add a Comment
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Mobile gaming development company Storm8 has, according to TechCrunch‘s sources, raised about $300 million in funding. At a rumored $1 billion valuation, possible investors include Accel Partners and Technology Crossover Ventures. Storm8′s games include iMobsters and TeamLava’s Restaurant Story, Farm Story and more. The company boasts more than 210 million downloads.

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