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Jellyfish Raises $12 Million Led by Accel, Wing Venture Capital

5May By NitishNo Comments

FUNDING

Jellyfish Raises $12 Million Led by Accel, Wing Venture Capital

BOSTON, May 5, 2020-- Jellyfish, the Engineering Management Platform, raises over $12 million from investors including Accel and Wing Venture Capital. The company has experienced tremendous growth following a worldwide movement to remote work. Revenues have grown over 90% already, and the company is on pace to triple its customer base in 2020. This continued momentum speaks to a significant market need for engineering leaders to have better visibility, drive strategic alignment, and improve performance as more organizations move to remote and distributed workplaces. Jellyfish is the brainchild of Andrew Lau, David Gourley, and Phil Braden, former engineering and product leaders who faced the challenges of managing growing teams and aligning their work with the strategic dir...

Narvar Secures Millions of Funds from US-based Accel

E-commerce premium post-purchase customer engagement platform Narvar has secured funds amounting to $30 million in a funding round. The round was led by US-based venture capital firm Accel along with participation from Salesforce Ventures, Scale Venture Partners and existing investors Battery Ventures. With this funding round, the company is aiming to scale its India business over the next 3 years. It expects to onboard its first set of e-commerce and retail clients by the end of September in keeping with the festive season. As a part of the development, Ryan Sweeney, partner at Accel, will join Narvar’s board. As of now, the company has worked with over 500 international retailers to build their customer engagement platforms for customer service and post purchase experience providin...

Power2SME Bags $36 Mn In Series E Round Of Funding

Power2SME, an online buying hub for small-scale enterprises, has recently raised an additional $36 million funding in a Series E round from its existing investors Accel, Inventus Capital, Kalaari and IFC along with Nandan Nilekani. (more…)