83North closes $250M fourth fund focused on European, Israeli startups

 European VC firm 83North (formerly Greylock IL), which since 2008 has focused on backing startups in Europe and Israel, has closed its fourth fund — taking $250M in a raise that it says was both oversubscribed and its largest to date, and bringing its total capital under management to $800M. Read More Continue reading 83North closes $250M fourth fund focused on European, Israeli startups

Celonis takes $27.5M led by Accel, 83North to grow the market for big data process mining

Celonis founders How do big businesses optimize IT-driven processes? Often by hiring management consultants to cast an expert eye over digital traceries and deliver recommendations for improving core operations like logistics and production. But Munich-based B2B SaaS startup Celonis reckons software can do a better job of flagging up areas where there’s room for business optimization. Its… Read More Continue reading Celonis takes $27.5M led by Accel, 83North to grow the market for big data process mining