Latest news with #AccelPartners
Bloomberg
02-07-2025
- Business
- Bloomberg
Accel Leads $35 Million Funding in Campfire
Accel Partner Christine Esserman explains why the company led an unusually large Series A funding round into AI-native enterprise software startup Campfire. She speaks with Caroline Hyde and Ed Ludlow on 'Bloomberg Tech.' (Source: Bloomberg)
Economic Times
12-06-2025
- Business
- Economic Times
Eye on IPO shores, companies set sail for Cayman
The Cayman Islands are emerging as a preferred destination for Indian software startups chasing global markets, offering greater flexibility in raising capital, whether from India or abroad. The self-governing British Overseas Territory is a 'region of interest' for software-as-a-service (SaaS) companies scaling up their international ambitions. Tired of too many ads? Remove Ads The Cayman Islands could emerge as the new pitstop for Indian startups building software products for global markets that are in search of flexibility to tap into capital markets either at home or overseas. The Caribbean Island, a self-governing British Overseas Territory, is seen as 'a region of interest' for these software-as-a-service, or Saas, companies as they look to put their global ambitions on the fast track, according to multiple people in the know of push to register these Saas startups in the tax-neutral territory is also being led by their venture backers, according to the people cited above who said that Accel Partners is among those to have asked early-stage Saas startups in its portfolio to register on the Cayman Islands. Accel, a prominent investor in Saas major Freshworks, did not respond to ET's queries on the developments.'Cayman Islands has emerged as a region of interest in the past year for Indian startups that are building global software products who want to have the flexibility of listing in India, US or a dual listing,' said Ashitha Bhagwan, managing partner at Inventus Law Technology Partners.
Time of India
12-06-2025
- Business
- Time of India
Eye on IPO shores, companies set sail for Cayman
The Cayman Islands could emerge as the new pitstop for Indian startups building software products for global markets that are in search of flexibility to tap into capital markets either at home or overseas. The Caribbean Island, a self-governing British Overseas Territory, is seen as 'a region of interest' for these software-as-a-service, or Saas, companies as they look to put their global ambitions on the fast track, according to multiple people in the know of developments. The push to register these Saas startups in the tax-neutral territory is also being led by their venture backers, according to the people cited above who said that Accel Partners is among those to have asked early-stage Saas startups in its portfolio to register on the Cayman Islands. Accel, a prominent investor in Saas major Freshworks, did not respond to ET's queries on the developments. ETtech 'Cayman Islands has emerged as a region of interest in the past year for Indian startups that are building global software products who want to have the flexibility of listing in India, US or a dual listing,' said Ashitha Bhagwan, managing partner at Inventus Law Technology Partners. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories
Bloomberg
05-06-2025
- Business
- Bloomberg
About 20% of Tech Startups Worth More Than $1 Billion Will Fail, Accel Says
There are more than 1,000 technology unicorns, meaning venture backed companies worth $1 billion or more, but at least 1 in 5 are likely to fail, Rich Wong, a partner at venture capital firm Accel Partners. 'I think maybe out of that thousand, 20% fully die. The end,' Wong said Thursday at the Bloomberg Tech conference in San Francisco.
Bloomberg
12-05-2025
- Business
- Bloomberg
AI Search Startup Perplexity Nears Funding at $14 Billion Value
Perplexity AI Inc., a startup building an artificial intelligence search engine to compete with Google, is in advanced discussions to raise a new round of funding at a $14 billion valuation — a jump from its most recent value but lower than it was initially targeting. Accel Partners is in talks to lead a $500 million investment in the startup, according to people familiar with the matter, who spoke on condition of anonymity to discuss private deliberations. Bloomberg News previously reported Perplexity was looking to raise as much as $1 billion at a valuation of $18 billion, including the amount raised in the round.
