Accel Partners’ Latest Funding Takes Aim At Mobile Tech

Accel Partners, one of the bigger VCs active in Europe, announced a $475 million round of funding, TechCrunch reported. It’s the company’s fourth fund for Accel London and will be used for investments across a wide range of technologies — consumer Internet, big data, cloud, SaaS and mobile among them – and primarily companies in Europe and Israel, at all stages of investment but focusing mainly on its “sweet spot” of Series A, TechCrunch added.

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