Accel and Benchmark have completed a $12 million investment into Israeli start-up Zlango. Maybe I’m just not getting it, because immediate thoughts are:
[Update]
So I asked Judy (Gibbons) of Accel this afternoon about the Zlango investment. She gave me a plausible explanation of the capital deployment and revenue model. I don’t think Accel would thank me for discussing here, but she’s addressed my key questions: why $12 million and where’s the revenue model.
Filed under: Venture Capital
