Accel Partners Closes Venture Capital Funds, at $2 Billion

accelGlobal venture capital firm Accel Partners closed its latest series of U.S. funds totaling $2 billion.

The firm made the announcement via a post here.

The fundraise reportedly includes:
– a $500m early stage fund focused on US-based startups; and
– a $1.5 billion growth fund.

Founded in 1983, Accel is an early and growth-stage venture capital firm, backing entrepreneurs who build category-defining businesses in next-generation industries.
The firm has backed iconic global platforms including Atlassian, BlaBlaCar, Dropbox, Funding Circle, Etsy, Facebook, Flipkart, Funding Circle, Kayak, QlikTech, Simplivity, Spotify, Slack, Supercell, World Remit and others.

It has offices in San Francisco, NYC, London and Bangalore.



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