Accel Partners has promoted Philippe Botteri and Michiel Kotting to partner. Accel also has added three new vice presidents, two associates and an executive in residence. Accel’s team in London is now the largest it has had since it entered the European market in 2000. The personnel moves come after the firm closed its Accel London IV fund on $475 million last year.
Accel Partners, the leading global venture capital firm, today announced the promotion of Philippe Botteri and Michiel Kotting to Partner. The firm has bolstered its team’s experience and capabilities further with three new Vice Presidents, two Associates and an Executive in Residence.
The expansion is a further demonstration of the investment opportunity in Europe and Israel, and the team is now the largest it has been since Accel entered the European market in 2000. This comes on the heels of a very successful 2013, which included the closing of a new $475M fund, Accel London IV, Supercell’s sale of a 51% stake to SoftBank, and the exits of Kayak.com, OzForex and Ubiquisys.
Since joining Accel in 2011, Botteri has focused on investments in the internet, software and mobile sectors. He is responsible for the firm’s investments in BlaBlaCar, Docusign, and Hailo. He also co-led Accel’s investment in HouseTrip, and Crowdstrike. Previously he was at Bessemer Venture Partners in Silicon Valley where he played an important role in several early stage investments including Cornerstone OnDemand, Eloqua, and Criteo. Prior to Bessemer, Botteri worked with the technology practice of McKinsey & Company in Europe and the US.
Kotting joined Accel in 2010. He is responsible for Accel’s investments in Vinted and Fiverr, and was instrumental in investments in Spotify, Avito, Funding Circle and Calastone. Kotting started his entrepreneurial journey in Silicon Valley in 1999, when he founded Digital Jones, an online shopping assistant. He successfully sold the business to Shopping.com, a company he then helped manage from New York and Israel.
Kevin Comolli, Partner at Accel London, said: “We are extremely excited to welcome Philippe and Michiel into the partnership. Since they joined Accel, they have both demonstrated the capabilities and qualities essential to continuing to make Accel a global venture capital leader. They both share our commitment to investing in the best early and growth-stage technology companies in our core areas of expertise across Europe and Israel.”
In addition, Accel has appointed Chrysanthos Chrysanthou, Luciana Lixandru and Michael Treskow as Vice Presidents. Chrysanthou was previously at Amazon Web Services where he led Business Development with the startup ecosystem, across Europe, Middle East and Africa. Prior to AWS he spent nearly a decade at Cisco. In his last role there he focused on software and services investments and acquisitions.
Lixandru has been promoted to Vice President having joined Accel in 2012 as an Associate, focusing on early and growth stage investments. She was previously an Associate at Summit Partners in London dedicated to growth technology investments.
Treskow was previously at Warburg Pincus, where he was a member of the TMT Group based in San Francisco. He has an excellent investment track record and experience in Silicon Valley as well as Germany and Russia, two key markets for Accel.
James Cameron, previously at Stanford Graduate School of Business, and Seth Pierrepoint, previously of Vision Capital, have also joined the team as Associates.
Adrian Asher also starts working with Accel as he becomes its latest Executive in Residence. Asher was the Chief Information Security Officer of Skype during the past five years, a role he also held at Betfair and the Man Investment Group. He brings a deep understanding of security and enterprise software to the team.
Comolli continued: “Our overall expanded team brings additional breadth of domain expertise and investment experience. As the level of European entrepreneurship continues to accelerate and our geographic footprint widens, they add critical capacity to our team.”
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About Accel Partners
Founded in 1983, Accel Partners has a long history of partnering with outstanding entrepreneurs and management teams to build world-class businesses. Accel today invests globally using dedicated teams and market-specific strategies for local geographies, with offices in Palo Alto, London, New York City and Bangalore, as well as in China via its partnership with IDG-Accel. Accel has invested in over 500 companies, many of which have defined their categories, including Angry Birds (Rovio), Atlassian, Cloudera, ComScore, Dropbox, Facebook, Groupon, Imperva, Kayak, Playfish, QlikTech, Spotify, Supercell, and Wonga. For more information, visit the Accel Partners web site at www.accel.com find us on Facebook at www.facebook.com/accel.