Jim Breyer LPGPS closeup
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The remarkably busy life of Jim Breyer: VCJ

There’s something to be said for sticking with a job. It certainly has worked out for Jim Breyer, who joined Accel Partners as a newly minted MBA graduate in 1987. It was a good call, Venture Capital Journal reports.

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LightSpeed racks up $35 mln

LightSpeed, a commerce platform for retailers, said Wednesday that it has secured $35 million in funding. iNovia Capital and return backer Accel Partners led the round.

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Accel Partners backs Power2SME

Power2SME has received INR 42 crores in Series C funding. The investors were Accel Partners, Kalaari Capital and Inventus Capital. Headquartered in Gurgaon, India, Power2SME helps small to medium-sized businesses obtain the best pricing from vendors.

Sept cov914
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LPs warm up to venture: VCJ

Near record distributions are bringing limited partners back to the asset class. As fund commitments jump so do capital flows.

Salesforce CEO Marc Benioff speaks during the Dreamforce event in San Francisco
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Top 10 posts: venture capital

VC stories trending this week on peHUB: Salesforce targets mobile enterprise startups with new $100 million VC fund, investors bet big on smart homes, and Kleiner Perkins leads huge round for DataStax.

Rapper Nas 2014 by Reuters
265 Views

Top 10 posts: venture capital

Venture capital-related stories trending on peHUB this week: Investors wide awake for Wakie, rapper Nas joins Accel Partners and the Manning brothers in a $35 million round for SeatGeek, and biotech IPO fever continues.

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Alfresco Software garners $45 mln

Alfresco Software said Thursday that it has received $45 million in funding. Sageview Capital led the round with participation from previous backers Accel Partners, Mayfield Fund and SAP Ventures. In addition to the funding, Ned Gilhuly, founding partner at Sageview Capital has been added to Alfresco’s board of directors while Jeff Klemens, a principal at Sageview Capital has been named a board observer. Based in San Mateo, Calif. and the UK, Alfresco is a provider of enterprise content management solutions.

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FreshGrade picks up $4.3 mln seed

FreshGrade said Friday that it has closed $4.3 million in seed funding. The investors were NewSchools Venture Fund, Emerson Collective, Accel Partners and The Social+Capital Partnership. Headquartered in Kelowna, British Columbia, FreshGrade is an educational resource for administrators, teachers and parents.

363 Views

Fiverr nabs $30 mln Series C

Fiverr said Monday that it has closed $30 million in Series C funding. The investors included Bessemer Venture Partners, Accel Partners and Qumra Capital. Based in New York, Miami and Tel Aviv, Fiverr is an online services marketplace.

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Adecco Group buys VC-backed OnForce

Adecco Group, parent company of Beeline, has acquired OnForce. No financial terms were disclosed. Based in Lexington, Mass, OnForce is a provider of workforce solutions. Its backers include North Atlantic Capital, General Catalyst Partners and Accel Partners.

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Burch Creative Capital leads Series B round for BaubleBar

BaubleBar has closed $10 million in Series B funding. Burch Creative Capital led the round with participation from Aspect Ventures, Triplepoint Ventures, Comcast Ventures, Accel Partners and Greycroft Partners. Based in New York, BaubleBar is an online jewelry retailer.

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