Accel Debuts $100M Fund To Invest In Disruptive Big Data Companies | TechCrunch
Accel Partners has steadily been making investments in infrastructure and companies looking to manage big data for the enterprise, including funding Cloudera, CouchBase, and even Fusion-IO. But there’s no doubt that more and more startups are launching to help businesses manage massive amounts of data as technologies like Apache Hadoop become more popular. Today, Accel is launching a $100 million fund dedicated to investing in entrepreneurs who are building disruptive big data companies.
This is actually the first dedicated fund to a specific vertical in Accel’s history as a venture firm. The fund, which is made up of Accel’s existing capital, will be devoted to funding innovation across entire “big data stack” from infrastructure (storage, security, management, etc.) to enterprise applications (business intelligence, collaboration, mobile, vertical apps, etc.).