Accel Closes $475M Fund To Invest Mainly In Europe And Israel, Focusing On Its Series A ?Sweet Spot?

Accel Partners has just this morning announced another hefty fund of $475 million. 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. The news comes on the heels of reports in February that Accel was preparing to close a fund of $450 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/4YtYeJC6TE0/

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