VC firm Accel Partners raises $2.5 billion for three new funds, likely to exit productivity app Slack
16 March 2019 12:00 AM IST
Venture capital firm Accel Partners will allocate capital to three new funds called Accel XIV LP, Accel Leaders Fund II LP, and Accel Growth Fund V LP. The firm had recently exited hotel booking platform HotelTonight through a buyout by accommodation sharing company Airbnb.
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