Nicholas Carlson / Silicon Alley Insider:
Did Accel Just Raise Money For A Facebook Bailout? — VC firm Accel Partners just closed two funds worth more than $1 billion. — $525 million will go toward a London-based fund for European startups. — The rest — about $480 million — will create the Accel Growth Fund, the firm's first for late-stage companies.
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[Source: Techmeme - Posted by FreeAutoBlogger]
