Tag: Accel investment

Aavenir raises $2 mn seed funding from Accel

Aavenir, a SaaS-based source-to-pay solutions provider, announced it has raised $2 million in a seed funding round from venture capital firm Accel.  The company will use funds to accelerate product development and expand global reach by strengthening its sales and marketing operations. “Machine learning, NLP, and interactive chatbots are offering tremendous opportunities to automate and…

QTalk raises $1.6mn in seed funding from Accel India

QTalk, a smartphone dialer designed to make phone calls stress free has now secured $1.6 million in the seed funding round led by the LightSpeed Venture Partners and Accel India to accelerate product and market development. QTalk is the only public product of Quiph Media Private Limited that initiated operations in early 2018. Founded by…

HUMIO raises $20mn in series B funding round

Log management platform Humio, recently announced that it has raised $20mn in Series B funding round. The funding round was led by Dell Technologies Capital, the global venture capital investment arm of Dell Technologies along with existing investor Accel. With the recent investment, the company plans to increase its capabilities to keep pace with demand…

Ada raises $44mn Series B funding led by Accel to boost expansion

Ada, the leader in Automated Customer Experience, announced it has raised a $44 million Series B funding led by Accel. Existing investors Bessemer Venture Partners, FirstMark, Version One, Leaders Fund and Burst Capital also took part in the funding round.  The company will utilise the funds raised to scale the platform, deepen its AI leadership…