The firm is based in Palo Alto, California with major offices in Bangalore, Beijing, London, and Shanghai.
Founded in 1983, Accel has helped entrepreneurs build over 300 successful category-defining companies including: Actuate, AdMob, Alfresco, Altor Networks, AMCC, Arrowpoint, Atlassian, Baidu, BBN Technologies, Brightcove, ComScore, Etsy, Facebook, Focus Media, Foundry Networks, Gameforge, Gigle Networks. Glam Media, Imperva, Infinera, Interwoven, JBoss, Kayak, Knewton, Macromedia, MetroPCS, Mochi Media, Mu Sigma, Polycom/PictureTel, Portal Software, QlikTech, Rapt, Real Networkss, Redback Networks, Riverbed Technology, Sohu.com, Trulia.com, UUNet, Veritas, Walmart.com, Webroot, XenSource, and Zimbra.
In addition to Accel’s continued investments in early-stage startups from the Accel X early stage fund, Accel announced its $480 million growth fund in December of 2008. This fund will focus on growth equity opportunities across a broad range of sectors, including: information technology, internet, digital media, mobile, networking, software, and services. As with Accel’s early-stage efforts, Accel Growth Fund will play an active role in helping entrepreneurs and management teams build category-defining, global businesses.
In 2000, Accel entered into a joint-venture with Kohlberg Kravis Roberts to form Accel-KKR a technology-focused private equity investment firm focused on control investments of middle-market companies.