---

Company Profile - Accel Partners

428 University Ave.
Palo Alto, CA 94301

Phone: 650-614-4800
Fax: 650-614-4880
Website: www.accel.com

Key Facts

Focuses on only two sectors, networking and software, which allows greater specialization and deeper networking in these areas.
Has funded more than 200 companies in its 20-plus years in business.
Key Financial Facts
Capital under management: $3 billion

Company Overview
Accel Partners has enjoyed spectacular returns with several successful IPOs, including that of UUNet, a Web service provider that counted as one of the venture community's first forays into the Internet arena. Accel has been in business for more than 20 years and boasts investments in more than 200 companies. It has backed a variety of information technology start-ups, including Real Networks, and enterprise software players such as Remedy, Arbor, and Illustra. Accel's communications portfolio includes PictureTel, Optilink, and Broadband Technologies.

In April 1998, Accel introduced a targeted fund for Internet businesses called Internet Technology Fund II, in partnership with Microsoft, Lucent, Compaq, Nortel, and others. In June 2000, Accel announced its $1.6 billion megafund, the Accel Fund XIII. In 2001, Accel and Kohlberg Kravis Roberts formed a venture called Accel-KKR Telecom to focus on telecommunications industry investments.

Major Line of Business : Venture Capital

Send additions, corrections, or comments to: exec@3dnet.org.