Fourteen years after launching, 1Password takes a $200M Series A

1Password has been around for 14 years, and the founders grew the company the old-fashioned way — without a dime of venture capital. But when it decided to take venture help, it went all in. Today, the company announced a $200 million Series A from Accel, the largest single investment in the firm’s 35-year history. […]

Freshworks raises $150M Series H on $3.5B valuation

Freshworks, a company that makes a variety of business software tools, from CRM to help-desk software, announced a $150 million Series H investment today from Sequoia Capital, CapitalG (formerly Google Capital) and Accel on a hefty $3.5 billion valuation. The late-stage startup has raised almost $400 million, according to Crunchbase data. The company has been […]

LA-based gaming studio Scopely raises $200M at a $1.7B valuation

The Los Angeles-based mobile game development studio Scopely has become America’s newest unicorn thanks to a $200 million financing, which values the company at a whopping $1.7 billion. Scopely said it would use the capital to continue its strategy of developing and acquiring new games as it looks to continue its run of six consecutive […]

Headless CMS company Strapi raises $4 million

French startup Strapi has raised a $4 million seed round led by Accel and Stride.vc. The company has been working on an open-source Node.js headless content management system. That’s a lot of technical words in a row, but it’s not that hard to understand what Strapi is. Content management systems, or CMS, are web applications […]

Uber to acquire grocery delivery startup Cornershop

Uber will acquire Cornershop, a grocery delivery startup that began life serving the Latin American market and recently shifted to offer service in Toronto, its first North American city. Uber announced on Friday that it expects its acquisition of a majority ownership stake in Cornershop in early 2020, once it receives all the necessary regulatory […]

Accel and Sequoia seed Middesk with $4M to background check businesses

For those of you that diligently follow the hot startups to graduate from Y Combinator’s accelerator program, you might recall Middesk. The company was amongst an exclusive subset of startups in YC’s winter 2019 batch to walk into demo day term sheet in hand. Top VCs, like Accel and Sequoia Capital, couldn’t wait until the […]

Kaszek Ventures raises $600 million in two funds as Latin America’s startup market booms

Kaszek Ventures, the investment firm that has been one of the primary architects of the recent boom in startup financing and growth in Latin America, has just raised $600 million across two new funds. The new commitments (raised in roughly two months) put Kaszek’s total capital under management at roughly $1 billion, making the firm […]

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

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 […]

Drip Capital raises $25M to help exporters access working capital

Drip Capital, a startup that helps small and medium-sized exporters secure working capital, has raised $25 million to expand its reach globally. The Series B financing round for the two-and-a-half-year old startup was led by Accel and Boosts Total Venture. In an interview with TechCrunch, Neil Kothari, co-founder and co-CEO of the startup, said Drip […]

VComply raises $2.5 million seed round led by Accel to simplify risk and compliance management

Risk and compliance management platform VComply announced today that it has picked up a $2.5 million seed round led by Accel Partners for its international growth plan. The funding will be used to acquire more customers in the United States, open a new office in the United Kingdom to support customers in Europe and expand […]