Tagged: accel partners

SaaS & E-Commerce Business Subscription Service Chargebee Raises $18 Million Through Series C Funding Round Led By Insight Venture Partners

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Chargebee, a recurring billing platform for subscription-based SaaS and e-commerce businesses, recently announced it raised $18 million through its Series C funding round, which was led by Insight Venture Partners, with participation from existing investors Accel Partners and Tiger Global Management. Founded in 2011, Chargebee reported that… Read More

Insurtech Zebra Receives $40 Million Series B

The Zebra, an auto insurance comparison marketplace, has raised $40 million in Series B funding led by Accel Partners. Simultaneously, the Zebra introduced Keith Melnick, former president of travel metasearch engine KAYAK as Chief Executive Officer, joining the company as it expands to reach new users and… Read More

French Fintech Payfit Raises €14 million Through Series B Funding Round

PayFit, a fintech startup based in Paris, secured €14 million through its Series B Funding Round, which saw participation from Otium Capital, Xavier Niel, and Accel Partners. The company, which was founded in 2015, describes itself as an ultra-intuitive SaaS solution that allows users to easily and automatically manage… Read More

Indian Fintecher Indifi Secures $10M in Series B Funding Round Led by Omidyar Network

Gurugram, India-based platform for enabling debt-financing for small businesses Indifi has raised $10 Mn in a Series B funding round led by Omidyar Network. Existing investors Accel Partners and Elevar Equity also participated in the round. Indifi Technologies, while maintaining its focus on MSME businesses, intends to direct the investments toward… Read More

$13.8B for Global Funding for VC-Backed Fintech Firms; Payments, Lending & Blockchain Lead Way

2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative Finance  seminal benchmarking surveys last year), which estimates that VC-backed fintech firms around the world secured $13.8 billion in… Read More

Accel Partners: Banks are Facing a Perfect Storm (Video)

Michael Treskow, of Accel Partners, was interviewed this week on the “Rise of Crowdfunding” where he got a chance to defend his point of view as his firm invests in new finance. Accel has placed bets on Prosper, Funding Circle and others associated with the… Read More

Osmo Launches Masterpiece: Tech Device Revolutionizes Drawing Experience

Not just child’s play…Tangible Kids and Osmo, the breakout kids hardware tech device that was named one of the best inventions of 2014 by Time Magazine, announced its next experience, Masterpiece. With this launch, the company again seeks to revolutionize the way we learn and think about… Read More

Osmo Gets Backing From Accel Partners in $12 Million Funding Round, Will Retail in Apple Stores

Osmo, the interactive hardware game that connects to any iPad has announced that Apple has accepted their product to be retailed across their 284 locations in North America capturing high profile shelf space in the most successful retail store ever. Simultaneously Osmo shared that it has closed… Read More