Spectrum Equity, Accel Partners invest $57 mln in Prezi

Tourism

Two American growth equity firms, Spectrum Equity and Accel Partners, have invested a combined $57 mln in Prezi, a presentation software company founded by Hungarians, CEO Péter Árvai informed Hungarian news agency MTI.

Accel Partners have already invested in more than 300 successful technology companies, including Facebook, Dropbox and Etsy, while Spectrum Equity has invested in more than 120 companies, among them BATS, GrubHubba, Lynda.com and SurveyMonkey.

Árvai noted that Accel Partners and Sunstone Capital invested a joint $14.5 mln in Prezi in 2011. The number of registered Prezi users almost doubled, exceeding 50 million in the past year.

ADVERTISEMENT

Business confidence improves as consumer sentiment worsens Analysis

Business confidence improves as consumer sentiment worsens

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.