PE Tech Report


Like this article?

Sign up to our free newsletter

Accel adds new Venture Partner to focus on Israel

Venture capital firm Accel has appointed Nir Blumberger as a venture partner based in Tel Aviv, Israel.

Accel opened its first international office in London in 2000 to partner with extraordinary founders and teams across Europe and Israel. In that period, Accel has invested in over 30 companies in Israel from a range of technology sectors. Blumberger’s appointment deepens Accel’s commitment to the Israeli technology ecosystem; based in Israel and a core part of the Accel investment team in London, he will be leading investments in consumer and enterprise start-ups in the region.    

Over the past 15 years, Accel has worked with a number of leading Israeli founders and companies. Current and past investments include enterprise security companies Aorato (Microsoft) and Imperva (NYSE: IMPV), global services marketplace Fiverr and data governance solutions provider Varonis Systems (NASDAQ:VRNS). Most recently, Accel led a $12 million Series B in E8 Storage, an early-stage enterprise storage company founded in Tel Aviv. 

Born and raised in Israel, Blumberger joins Accel from Facebook where he was a Corporate Development executive, driving global M&A and strategy in areas such as virtual/augmented reality, messaging and video. He was previously with McKinsey & Company in Europe and Israel. Blumberger has an MBA from Stanford University and previously studied computer science at The Interdisciplinary Center in Israel, where he participated in the Zell Entrepreneurship Program. He has also co-founded two technology startups and was a participant at Singularity University’s Graduate Studies Program. 

Philippe Botteri, Partner at Accel, says: “Israel is a vibrant hub for innovation, and Accel has long-held conviction in the great ideas and entrepreneurs that have emerged from the region. We are seeing exciting companies and technologies come out of Israel at an increasing pace, making it the perfect time for us to expand our presence. We are thrilled to have Nir join our team from Facebook. His world-class technology and business background from Israel and Silicon Valley make him a perfect fit for Accel.”

Blumberger says: “I’m thrilled to come home to Tel Aviv and to do so with Accel, one of the world’s best venture firms. I look forward to partnering with our great entrepreneurs to build – and scale! – world-class companies, leveraging Accel’s global network to its fullest extent. I’ve been excited about seeing bolder and more diverse ideas coming out of Israel, and I look forward to contributing everything that I have.”

Like this article? Sign up to our free newsletter