Accel-KKR Closes Fund II

Accel-KKR of Menlo Park, Calif. has closed its second fund with at least $300 million in capital commitments, according to Buyouts Magazine. The new vehicle will focus primarily on technology buyouts, rather than its predecessor's strategy of doing both venture and buyout deals. Accel-KKR was formed in 2000 by VC shop Accel Partners and buyout firm Kohlberg Kravis Roberts & Co. www.accel-kkr.com