Accel Closes $100M For Big Data Fund 2 To Invest In The ?Second Wave' Of Big Data Startups

The tech industry has been buzzing about "big data" for years now. And according to venture capital firm Accel Partners, the excitement around the big data space is not set to die down any time soon -- it's just about to enter into a new phase. Accel is announcing tonight that it has closed on $100 million for a new investment fund called Big Data Fund 2. The fund is the same size as Accel's first big data focused fund, which launched with $100 million back in November 2011. Accel is also adding QlikView CTO Anthony Deighton and Imperva CEO Shlomo Kramer to its Big Data Fund Advisory Council, which Accel has said is meant to serve as a "guiding light" to help think through investments and track entrepreneurs doing interesting things in the space.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/RSmT9QRJbd0/

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