Browsing Tag

Accel

Klaviyo Raises $200 Million in Series C Funding

Klaviyo, a customer data, and marketing platform for online businesses, announced it has raised $200 million in Series C funding, led by Accel with participation from existing investor Summit Partners. The new financing brings Klaviyo’s total funding to date to $358.5 million. The investment will help further fuel Klaviyo’s rapid growth through R&D, hiring, increased sales, customer support, and international expansion. The company also announced it has added Accel’s Ping Li to its board. As consumers’ purchases have…

Eagle Eye Networks Raises $40 Million to Transform Video Surveillance

Eagle Eye Networks, the global leader in cloud video surveillance, has raised $40 million of Series E funding from venture capital firm Accel (Facebook, Spotify, DocuSign) to continue its growth and expand its technology leadership. Eagle Eye is leveraging artificial intelligence (AI) on its true cloud platform to dramatically reshape video surveillance and improve safety, security, operations, and customer service for businesses around the world. Today’s video surveillance systems have multiple security features, such as…

Slintel Raises $4.2M in a Funding Round Led By Accel

Slintel, an intent-powered sales, and marketing intelligence platform has raised $4.2 million in a funding round led by Accel, with participation from Sequoia Capital India and existing investor Stellaris Venture Partners. The announcement comes less than a year after the company secured funding from Stellaris Venture Partners and Powerhouse Ventures. "Over the past year, Slintel has grown by over 800% and is rapidly capturing more market share in the sales intelligence space," said Deepak Anchala, CEO and founder at…

Explosive Demand for Virtual Event Communities Creates Opportunity for Bevy to Lead Category Innovation

Leading brands are using Bevy to transform their Community and Field Marketing programs into a low-cost, revenue-efficient way to drive business impact and generate growth during the COVID-19 pandemic. Bevy, the only enterprise grade Customer-to-Customer (C2C) platform, announced a $15MM Series B investment led by global venture capital firm Accel, with participation from existing investors Ryan Smith (co-founder and CEO, Qualtrics), and Upfront Ventures. A recent study revealed that nearly 80% of founders reported…

Freshworks Secures $150 Million Funding Round, Led by Sequoia, CapitalG and Accel at $3.5 Billion Market Valuation

New Customer-for-Life Cloud Aggregates Data Across Silos to Improve Customer Engagement from First Touch to Latest Interaction Freshworks Inc., the customer engagement software company, announced the signing of definitive agreements for a $150 million series H round of funding at a post-financing valuation of $3.5 billion. The round was led by existing investors Sequoia Capital, CapitalG, and Freshworks' first investor, Accel. The capital will be used to further Freshworks' worldwide expansion as well as accelerate…

CrowdStrike Announces Establishment of Falcon Fund

In Partnership with Accel, Crowdstrike Will Co-Invest in Security Startups That Are Building Applications on the Crowdstrike Falcon Platform CrowdStrike Inc., a leader in cloud-delivered endpoint protection, announced the launch of Falcon Fund, an $20 million dollar early stage investment fund started by CrowdStrike®, in partnership with Accel. Falcon Fund will focus on seed and Series A investments in startups that are building applications on the CrowdStrike Falcon platform. The Falcon Fund will act as a co-investor…

WorldRemit Raises $175 Million in Series D Funding

Investment shows confidence in the vast global potential of mobile payments Leading mobile payments company WorldRemit has entered into a definitive agreement to raise $175 million in a Series D funding round led by returning investors, TCV, Accel and Leapfrog Investments. Founded in 2010, WorldRemit is a global leader in smartphone and online payments - providing a convenient, low-cost alternative to expensive brick-and-mortar agents. WorldRemit handles a growing share of the $700 billion remittances sent each year…

Rasa Secures $13 Million Series A Investment Led by Accel To Power Conversational AI

Funding Will Move HQ to San Francisco, Expand Team, and Fuel Further Research and Development of Rasa's Conversational AI Tools from Berlin, Germany Rasa, the open source company that enables developers to build contextual AI assistants, announced a $13 million Series A funding round led by Accel, with participation from existing investor Basis Set Ventures. Also participating in the round were leading angel investors and entrepreneurs across AI, enterprise automation and open source, including Greg Brockman (Co-founder…

Business Buying to Get Better as G2 Crowd Receives a Fresh Influx of $55 Million

G2 Crowd Has Become for Business Buyers What Amazon Is for Consumers. The Company Has Already Helped 23 Million Business Buyers in Purchasing the Right Technology. This Fresh Funding Guarantees a Stronger Platform for B2B Buying Decisions $100 million – that’s G2 Crowd’s total investment so far from investors IVP, Emergence Capital, Accel and Pritzker Group. With such world-class firms backing G2 Crowd, it's evident that this pantheon believes in what G2 Crowd is building for its B2B customers. G2 Crowd is traveling…

G2 Crowd Raises Series C Round to Continue Revolutionizing Business Buying

We’re Excited to Announce Our $55 Million Series C Funding Round Led by IVP, with Participation from Emergence Capital, as Well as Returning Investors Accel and Pritzker Group – Bringing Our Total Funding to Date to $100 Million IVP, Emergence, Accel, and Pritzker are all world-class venture firms, especially in the B2B enterprise technology space. Their partnership with G2 Crowd is an incredible validation of what we’re trying to build. The G2 Crowd Rocketship is on an incredible trajectory, and our extraordinary growth…

Narvar Raises $30 Million Series C Funding Round as Global Brands Increase Investment in Customer Loyalty and Engagement

More Than 500 Global Retailers Rely on Narvar to Deliver World-Class Customer Engagement to 300 Million Consumers Worldwide Narvar, the premium post-purchase customer engagement platform, announced a $30 million Series C financing round led by Accel, who also led Narvar's Series A round. Existing investors including Battery Ventures participated in the round, as well as new investors Salesforce Ventures and Scale Venture Partners. In conjunction with the financing, Ryan Sweeney, partner at Accel, will join Narvar's board.…

Freshworks Secures $100 Million Investment Led by Accel and Sequoia

With New CFO in Place, Company Raises Largest Round of Funding to Date to Fuel Growth, Geographic Expansion Freshworks, a global leader in customer engagement software, announced it has secured $100 million in financing and has hired former AppDynamics Vice President of Finance & Treasury Suresh Seshadri as its chief financial officer. The latest round of funding is co-led by Accel and Sequoia, with participation from CapitalG, bringing Freshworks' total amount of capital raised to $250 million. The cash infusion will…

Customer Communication Platform Podium Raises $60 Million in Series B

New Funding Allows Podium to Double Its Engineering Team and Expand Product Offerings to Better Serve Mid-Market and Enterprise Clients Podium, the leading customer communication platform for local businesses, announced that it has raised a $60 million Series B growth round of funding led by IVP with participation from Accel, Summit Partners, GV (formerly Google Ventures), and Y Combinator. Podium launched in 2014 as a product to help local businesses get honest and timely online reviews. Since then, the…