Category Archives: Accel

Marketing automation platform Klaviyo scores $200M Series C on $4.15B valuation

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Boston-based marketing automation firm Klaviyo wants to change the way marketers interact with data, giving them direct access to their data and their customers. It believes that makes it easier to customize the messages and produce better results. Investors apparently agree, awarding the company a $200 million Series C on a hefty $4.15 billion valuation […] Continue reading Marketing automation platform Klaviyo scores $200M Series C on $4.15B valuation→

Slintel grabs $4.2M seed to grow sales intelligence platform

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As the pandemic rages on, companies are looking for an edge when it comes to sales. Having the right data about the customers most likely to convert can be a huge boost right now. Slintel, an early stage startup building a sales intelligence tool, announced a $4.2 million seed round today. The investment was led […] Continue reading Slintel grabs $4.2M seed to grow sales intelligence platform→

Donut launches Watercooler, an easy way to socialize online with coworkers

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If you miss hanging out with your coworkers but don’t want to spend a single second more on Zoom, the latest product from Donut might be the answer. The startup is launching its new Watercooler product today while also announcing that it has raised $12 million in total funding, led by Accel and with participation from […] Continue reading Donut launches Watercooler, an easy way to socialize online with coworkers→

Vivun announces $18M Series A to keep growing pre-sales platform

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Vivun’s co-founder and CEO, Matt Darrow used to run pre-sales at Zuora and he saw that pre-sales team members had a lot of insight into customers. He believed if he could capture that insight, it would turn into valuable data to be shared across the company. He launched Vivun to build upon that idea in […] Continue reading Vivun announces $18M Series A to keep growing pre-sales platform→

Scratchpad announces $3.6M seed to put work space on top of Salesforce

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One thing that annoys sales people is entering data into a CRM like Salesforce because it’s time spent not selling. Part of the problem is Salesforce is a database and as such is not necessarily designed for speed. Scratchpad wants to simplify that process by creating a workspace on top of the CRM to accelerate […] Continue reading Scratchpad announces $3.6M seed to put work space on top of Salesforce→

Altinity grabs $4M seed to build cloud version of ClickHouse open source data warehouse

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Earlier this month, cloud data warehouse Snowflake turned heads when it debuted on the stock market. Today, Altinity, the commercial company behind the open source ClickHouse data warehouse announced a $4 million seed round from Accel along with a new cloud service, Altinity.Cloud. “Fundamentally, the company started out as an open source services bureau offering […] Continue reading Altinity grabs $4M seed to build cloud version of ClickHouse open source data warehouse→

Couchbase raises $105M Series G funding round

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Couchbase. the Santa Clara-based company behind the eponymous NoSQL cloud database service, today announced that it has raised a $105 million all-equity Series G round “to expand product development and global go-to-market capabilities.” The oversubscribed round was led by GPI Capital, with participation from existing investors Accel, Sorenson Capital, North Bridge Venture Partners, Glynn Capital, […] Continue reading Couchbase raises $105M Series G funding round→

Where top VCs are investing in open source and dev tools (Part 1 of 2)

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The once-polarizing world of open-source software has recently become one of the hotter destinations for VCs. As the popularity of open source increases among organizations and developers, startups in the space have reached new heights and monstrous valuations. Over the past several years, we’ve seen surging open-source companies like Databricks reach unicorn status, as well […] Continue reading Where top VCs are investing in open source and dev tools (Part 1 of 2)→

Symantec’s Sheila Jordan named to Slack’s board of directors

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Newly-public Slack taps cybersecurity expertise for growing board. Continue reading Symantec’s Sheila Jordan named to Slack’s board of directors→

ReadMe scores $9M Series A to help firms customize API docs

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Software APIs help different tools communicate with one another, let developers access essential services without having to code it themselves, and are critical components for driving a platform-driven strategy. Yet they require solid documentation to help make the best use of them. ReadMe, a startup that helps companies customize their API documentation, announced a $9 […] Continue reading ReadMe scores $9M Series A to help firms customize API docs→