Ryan McDonough

Founder, Sometime Artist

CFO and co-founder @Accompany, acquired by @Cisco. Turnaround CFO @Ning, sold to Glam Media. Former seed VC. McKinsey trained. @Wharton School and @Haas School of Business.

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November 19, 2014

Accompany Raises $15 Million in Series B Funding from ICONIQ Capital, CRV & Cowboy Ventures

THOUGHTS

LOS ALTOS, Calif.–(BUSINESS WIRE) (November 19, 2014) – Accompany, a next-generation networking platform, today announced it has raised $15 million in Series B funding from ICONIQ Capital, Charles River Ventures (CRV) and Cowboy Ventures. This round brings Accompany’s total funding to date to $20.6 million. Accompany will use the investment to expand its team and accelerate development of its eponymous relationship intelligence platform.

“With this round of funding, we are excited to bring in more top talent and continue scaling the platform,” said Amy Chang, CEO and co-founder of Accompany. “We’ve got our heads down, developing a product that will revolutionize relationship intelligence. Accompany provides everything you need to know about everyone who’s important to you, anytime you need it—in a way that’s both intuitive and delightful.”

 

Currently in alpha testing, Accompany’s iOS app and Web-based product benefits everyone from professionals beginning their careers to seasoned executives by helping them carefully curate and intelligently manage their network. Accompany integrates with the user’s email, contacts, social and professional feeds and calendars to provide real-time insights and surface relevant content about one’s network.

 

“We are huge fans of what Amy and the team are building at Accompani, and we are thrilled to be part of their journey,” said Devdutt Yellurkar, general partner at CRV and board member of Accompany. “With so much emphasis placed on one’s professional relationships, network and personal brand, there is a pressing need for Accompany’s solution. This product is poised to forever change the way people glean value from their networks by bringing new levels of intelligence to relationship management.”

 

Accompany’s all-star founding team includes Chang, who led Google Analytics to achieve coverage on 70 percent of the entire Web while overseeing the team’s expansion from six members to 300; CTO Matthias Ruhl, an MIT CS PhD and large-scale systems design expert who helped push the Google Analytics backend beyond 900,000 requests per second; and CFO Ryan McDonough, who served as Marc Andreessen’s CFO at Ning and played an instrumental role in the company’s sale to Glam Media in 2011.

 

“Accompany combines an outstanding team with an intuitive product that solves a real need for professionals,” said Dave Goldberg, CEO of SurveyMonkey and board advisor to Accompany. “Accompany has enabled me to get more out of my network. It’s a richer, more engaging experience that brings me up to speed immediately, succinctly and contextually. I see Accompany fast becoming an essential tool for professionals at all stages of their careers.”

About Accompany

Accompany is a relationship intelligence platform for professionals. With the Accompany mobile app and Web-based product, professionals are granted constant, contextual insight into the relationships that are important to them, making every interaction deeper and more relevant. Founded in 2013, Accompany is headquartered in Los Altos, California, and backed by CRV, ICONIQ Capital and Cowboy Ventures.