This content is from: Portfolio

Accel Partners To Launch $2 Billion Funds

Accel Partners is planning to launch four new vehicles with an overall target of around $2 billion.

Accel Partners is planning to launch four new vehicles with an overall target of around $2 billion, The Wall Street Journal reports. The U.S. venture-capital firm is raising a growth-oriented fund and an early-stage venture fund that would total more than $1 billion.

The California-based firm is also floating two China funds, which would also total nearly $1 billion. Accel Partners has previously made investments in companies, including Facebook and daily deals site, Groupon.

Related Content