Tech roundup / With nearly half a billion in new funds, Accel eyes Israeli startups
Terra Venture Partners turns to cleantech; Vasona picks up some extra cash; Lexifone brushes up on its Chinese.
Accel Partners raises $475 million, will invest $100 million in Israel: The venture capital fund Accel Partners announced on Thursday a first closing of $475 million for its new fund, Accel London IV, which it will invest in Israel and Europe. In the past, Accel Partners invested 20% of its funds in Israel and the new fund is expected to bring in some $100 million for Israeli hi-tech....
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