Early-stage venture firm Accel Partners, which just wrapped up its
10th fund with $520 million, has been riding high on a string of exits over the past year.
Portfolio companies Riverbed Technology Inc., MetroPCS Communications Inc., comScore Inc., and Infinera Corp. all went public. On the M&A side, XenSource was bought for $500 million, Zimbra Inc. was acquired for $350 million, Acopia Networks Inc. fetched $210 million, Reactivity Inc. was bought for $135 million. and Offermatica Inc. went for $65 million.
And it still has an ace in its
portfolio in Facebook Inc. Accel first put $13 million into Facebook's first round in April 2005, when the value of the social networking service was around $100 million. Today, of course, Facebook's value is $15 billion (or more) now that Microsoft Corp. paid $240 million for a 1.6% stake.
- George White See Nov. 12 story from Tech ConfidentialGet information on Accel portfolio companies See Nov. 12 press release Accel Partners
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