192 posts and columns on Accel Partners
News Bytethe company announced on Friday. Braintree provides the backend infrastructure powering a large number of sites, including Fab, Uber, Airbnb and others, and is doing north of $8 billion in payments volume on its platform annually. Fry, who was chosen specifically for his infrastructure background, joins the likes of NEA, Accel Partners, Braintree CEO Bill Ready and Nigel Morris of Capital One on the company’s board.
News ByteAccel Partners said today it had closed its $475 million London IV fund, which will focus on early and growth-stage tech companies in Europe and Israel. The venture capital firm said the fund was raised in just eight weeks and was “significantly oversubscribed.”