Accel closes London V Fund at $500 mln

Accel, the Palo Alto, California, venture-capital firm, closed its London V Fund at $500 million, eyeing early- and growth-stage investments in a variety of industries, particularly marketplaces, software as a service, and infrastructure. The London office has backed teams in 19 countries from London to Tel Aviv. Accel’s funds under management in Europe and Israel total $2.5 billion, and it said it sees “unprecedented opportunity” on the Continent and in the country.

12 April 2016•2 mins read
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