Accel racks up $3bn for three funds

Accel has raised a total of $3 billion across three new funds, according to a company post.

Accel has raised a total of $3 billion across three new funds, according to a company post. They are the venture firm’s fifteenth U.S. early-stage fund at $650 million; its seventh early-stage fund for Europe and Israel at $650 million; and its sixth growth fund at $1.75 billion.

Source: Company post