It’s a pretty good day — and year — for Accel Partners
It’s weird how good news for VCs seems to have come in pairs.
This morning, Electronic Arts said it’s buying social gaming company Playfish for up to $400 million in cash and stock, and a couple hours later Google announced that it’s buying mobile ad network Admob for $750 million. The common thread? Accel Partners, which invested in both companies.
Previously, Accel’s Jim Breyer was behind two big acquisitions on Sept. 1: Raytheon’s acquisition of BBN Technologies,… Continue Reading
Accel hires Richard Wong, mobile software expert
Silicon Valley venture firm Accel Partners has hired mobile software expert Richard Wong as a partner, the latest sign of where investors think the action will be.
Wong spent six years at OpenWave, which developed early mobile browsers (WAP), and where Wong worked with mobile companies like Sorrent, Jamdat, Infospace and Motricity in their earliest stages and saw them grow quickly. He oversaw OpenWave’s marketing efforts, and more recently was head of its product division. (Here… Continue Reading