Accel Partners Invests $10 Million in cybermeals
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The companies also said that Jim Breyer and Bud Colligan, managing partner and venture partner respectively at Accel, would join the cybermeals board of directors.
"We're extremely pleased with the alliance we have made with Accel Partners," said Bill Jesse, chairman and chief executive officer of cybermeals. "Their deep base of knowledge, relevant experience and industry contacts make them the ideal strategic partner as we enter our next phase of development as a company."
cybermeals, originally cyberslice (and always lower case), was founded in 1996. The official consumer launch of the service in April 1998 coincided with the commencement of partnership deals designating cybermeals as the exclusive online ordering service for America Online, Excite, Lycos and Yahoo!