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Breyer Capital backs Datalogix

Datalogix has received an undisclosed investment from Breyer Capital. Also, Breyer Capital’s Jim Breyer, who is also a partner at Accel Partners, will join the Datalogix board of directors. Datalogix connects digital advertising to in-store sales.

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Accel Partners closes two funds adding up to nearly $1.5 bln

Accel Partners, the Palo Alto, Calif.-based venture firm that was an early investor in Facebook, has closed two news funds totaling $1.475 billion. The firm raised $475 million for its 12th main fund, the same size as Accel XI, which closed in 2011. The firm also raised $1 billion for Accel Growth III, exceeding the $875 million that the firm raised for its second growth fund, which also dates back to 2011, according to Thomson Reuters.

Breyer

Jim Breyer to Step Off Boards of Facebook, Wal-Mart

According to separate SEC filings, Jim Breyer of Accel Partners will not run for re-election this year on either the board of Facebook, where he has been a director since 2005, or on the board of Wal-Mart, whose board he joined in 2000.

Newly Public Companies: Be Nice to VCs (Including Peter Thiel): Updated

In recent weeks, there’s been some talk that investor Peter Thiel should step down from the company’s board, given that his financial interests are no longer as closely aligned with the success of the company as they once were. But Merih Sevilir, an associate professor finance at of Indiana University, politely calls B.S. on such logic.

Top 10 peHUB Posts this Week Highlight Fundraising, Monster VC Rounds and Troubled American Apparel

Want to catch up on what your colleagues found most interesting on peHUB this week? Here are the blog posts written by our staff this week that garnered the most pageviews from our regular readers from April 4 to April 8.

Post No. 1: Slideshow: Top 10 Largest VC Funds Raised in Q1

Post No. 2: Slideshow: Monster VC Rounds Grow Bigger and Bigger

Post No. 3: Carlyle v. Blackstone: A Contrast In Confidence

Post No. 4: You Sold Your Company! Too Bad It May Take Another 8 Months to Close

Post No. 5: Another Ray of Sunshine for VC Fundraising: Ex-USVP Partner Raises $35M for New Fund

Post No. 6: In Bizarre Twist, LPs Praise Venture Asset Class, See Strong Future

Post No. 7: Exclusive: Embattled American Apparel Is Exploring a Sale

Post No. 8: ARAMARK-able Dividend for PE Investors

Post No. 9: Exclusive: King Bolts Irving Place to Start Culpeper Capital

Post No. 10: Midas List is Back; So is Status for Industry Big Names

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Facebook Loses Face: Board Member’s Account is Breached

Sunday morning, some of the 2,301 Facebook friends of venture capitalist and Facebook board member Jim Breyer received a message from him, through Facebook. “Would You Like a Facebook Phone Number?” it asked, presenting a link to “see more details and RSVP.” While no one would be surprised by a service that allowed users to call […]

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Video Q&A With Accel’s Jim Breyer

In a dismal year for both VC-backed IPOs and M&A, Accel Partners stood out. Nine of its portfolio companies were sold for combined proceeds in excess of $2 billion, a significant increase from 2008, when 10 of its portfolio companies were sold for less than $300 million in total disclosed proceeds.

Accel’s three biggest hits were mobile advertising startup AdMob, bought by Google for $750 million; open source software developer SpringSource, acquired by VMWare for $420 million; and national defense technology provider BBN Technologies, bought by Raytheon for $350 million.

I spoke to Accel’s Jim Breyer about his firm’s M&A successes and a host of other issues for Venture Capital Journal’s January issue. VCJ subscribers can read the full interview here. For you, dear peHUB reader, you can get video snippets of our interview after the jump…

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