Venture capital and growth equity firm Accel Partners is planning planning to open a New York City office. The firm currently manages over USD6bn globally and also has offices in Palo Alto, Bangalore, Beijing, London, New Delhi, and Shanghai.
Accel Partners has made over 15 investments in companies in the New York City area over the past three years, and plans to continue its active New York City-based investment pace going into 2011. The firm’s active New York City area investments include industry-leading startups such as: Diapers.com-Quidsi, Etsy, Squarespace, Glam Media, Collective Media, Learnvest, Bonobos, Bauble Bar, and additional seed-stage investments (listed below). The New York City office will be in the Union Square South area, at 11th & Broadway.
"The Accel team is excited to continue to increase our presence in New York," says Jim Breyer, partner at Accel Partners, "We could not be more excited about the range of extremely high-growth companies in web, mobile, and media industry segments, With offices in Palo Alto, Beijing, London, Bangalore, New Delhi, and now New York, Accel remains committed to partnering with outstanding entrepreneurs globally."
