prismatic

Big-name investors throw $15M at news aggregation startup Prismatic

Ever heard of Prismatic? Until yesterday, neither had we. But founder Bradford Cross wouldn’t stop pinging our collective inbox about his company’s latest news, which turned out to be a $15 million round of funding from none other than überinvestor Yuri Milner and Accel partner Jim Breyer.

Jim Breyer

Facebook, Groupon investor Accel raises $1.35B

Accel Partners, the firm whose recent successes have put it in the top tier of the venture capital industry, just announced that it has raised two new funds — $475 million for its eleventh venture fund and $875 million for its second growth fund.