Accel Partners, a venture capital firm, has bolstered its team as it looks to deploy the $475 million fund it closed last year.
The firm has hired Chrysanthos Chrysanthou and Michael Treskow as vice presidents in London, according to a statement. Chrysanthou was previously at Amazon Web Services. Prior to that, he spent nearly a decade at Cisco, where he focused on software and services investments.
Treskow was previously an associate at Warburg Pincus, where he was a member of the TMT Group based in San Francisco. He joined the firm in August 2006, according to his LinkedIn page. He has experience in Silicon Valley as well as Germany and Russia.
Additionally, Accel has hired Seth Pierrepoint as an associate. Prior to Accel, Pierrepoint spent three years at Vision Capital, according to his LinkedIn page.
Moreover, Accel has appointed James Cameron, previously at Stanford Graduate School of Business, as an associate, while Adrian Asher has become an ‘executive in residence’. Asher has been the chief information security officer of Skype for the past five years, and previously had the same role at Betfair and the Man Investment Group.
Furthermore, Accel has made a few promotions, the firm said in a statement. Luciana Lixandru, who joined Accel in 2012 as an associate, becomes vice president focusing on early and growth stage investments. The firm has also promoted Philippe Botteri and Michiel Kotting to partner. Since joining Accel in 2011, Botteri has focused on investments in the internet, software and mobile sectors.
Kotting, who joined Accel in 2010, is responsible for Accel’s investments in Vinted and Fiverr, and played an important role in the investments in Spotify, Avito, Funding Circle and Calastone.
“As the level of European entrepreneurship continues to accelerate and our geographic footprint widens, they add critical capacity to our team,” Kevin Comolli, partner at Accel London, said in the statement.
The team expansion comes after Accel closed its oversubscribed $475 million Accel London Fund IV, which targets venture deals in Europe and Israel, in March last year.
Accel, which was founded in 1983, has invested in over 500 companies including Angry Birds, Atlassian, Cloudera, ComScore, Dropbox, Facebook, Groupon, Imperva, Kayak, Playfish, QlikTech, Spotify, Supercell, and Wonga. The firm has offices in Palo Alto, London, New York City and Bangalore, as well as in China via its partnership with IDG-Accel.
For a more in depth look at Accel and investors' appetite for venture capital, particularly in Europe, click here for an interview with Accel’s Sonali De Ricker, which was published by PEI last April.