Voices

Accel Again Looks Down Under, Leads $35M For 99designs

Things are looking up for firms Down Under. Accel Partners, an early investor in Facebook Inc., Groupon Inc. and other white-hot companies, has led a $35 million Series A investment in graphic design marketplace 99designs Pty. Ltd., marking the firm’s third deal in an Australian tech company in the past nine months.

Squarespace. $38.5 Million in VC Bucks. More Social Networking For All. (Stop Me If You've Heard This One.)

Another day, another giant venture funding. Today it is $38.5 million to Squarespace–which lets you make blogs, Web sites, mobile apps, social networking widgets and other such oversharing digital tools–from Index Ventures and Accel Partners. Squarespace is from New York. Index is in London. Accel is in Silicon Valley. It’s very global!

Zimbra Founder and Ex-Yahoo Exec Dharmaraj to Redpoint Ventures

Another former Yahoo exec has landed at a Silicon Valley venture firm. This time, well-regarded serial entrepreneur Satish Dharmaraj will become a partner at Redpoint Ventures, according to sources. The move of Dharmaraj is interesting, given that he is not starting a new company or taking a post as an entrepreneur-in-residence at the venture capital firm, which many operating execs do after leaving a company. Sources close to the situation said Dharmaraj would focus on business software, the enterprise arena and infrastructure at Redpoint.

A Bell Rings and Another Yahoo Gets His VC Wings

Yet another departed Yahoo executive has landed at a well-known venture capital firm–this time with its former music head David Goldberg’s new stint as an entrepreneur-in-residence at Benchmark Capital. Earlier this week, Andrew Braccia, Yahoo’s vice president for consumer Web search, left the company to become a principal at Accel Partners. The warm embrace of [...]

Braccia Jumps From Yahoo to Accel Partners

To have spent nine years at Yahoo makes Andrew Braccia an old man by Web standards, even though he is only 31. Now the company’s vice president for consumer Web search is becoming, at his advanced age, a newly minted venture capitalist at Accel Partners. He slipped out of Yahoo a few weeks ago, after [...]