Accel Partners Comes to New York

jim breyer Accel Partners Comes to New YorkAccel Partners, the technology investing heavyweight that got behind Facebook at a very early stage, announced today that it’s opening an office in New York City. 

Business Insider reports that Accel’s new digs at 11th and Broadway will start without a permanent staff, and instead function more as an outposts for partners who are visiting companies in the city. CEO Jim Breyer, who already has a home in the city, is spearheading the new office along with Theresia Ranzetta. 

Accel is known in part for its $12.7 million investment in Facebook when it was still and Mark Zuckerberg had just reached legal drinking age. It was the first venture capital outfit to invest in the now-dominant social networking site.

It also had a major score recently when sold to Amazon for $545 million.

The company lists 15 New York companies in its portfolio in its announcement:

  mtaylor [at] | @mbrookstaylor

Article continues below
More from Politics
Queens Congresswoman Grace Meng and Bronx Assemblyman Michael Blake at the Democratic National Committee meeting in Atlanta.
NYC Congresswoman and Assemblyman Score DNC Vice Chairmanships