Accel raised $3.5B in funds for early-stage investments, including a $1.35B global expansion fund for larger early-stage rounds and rapid follow-on investments (Natasha Mascarenhas/Bloomberg)
Accel is adding fresh capital for bigger early bets, not just seed checks.
The firm raised $3.5 billion across early-stage funds, Bloomberg reported. That includes a $1.35 billion global expansion fund meant for larger early-stage rounds and fast follow-on investments. Accel operates from Silicon Valley, London, and Bangalore, and the Techmeme item points to related coverage of its India fund as well. Techmeme's note
The firm raised $3.5 billion across early-stage funds, Bloomberg reported. That includes a $1.35 billion global expansion fund meant for larger early-stage rounds and fast follow-on investments. Accel operates from Silicon Valley, London, and Bangalore, and the Techmeme item points to related coverage of its India fund as well. Techmeme's note
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