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Here’s what you need to know today in startup and venture news, updated by the ¸½½üÉÏÃÅ News staff throughout the day to keep you in the know.

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Accel closes on $3B for new venture and growth funds

Storied venture capital firm closed on $3 billion in commitments for across three new funds: a US early-stage fund of $650 million, an early-stage fund for Europe and Israel of $650 million, and a growth fund of $1.75 billion.

The fundraise follows a period of active investment for the firm, which is based in Palo Alto but invests internationally. The firm has made over 1,600 investments, per ¸½½üÉÏÃÅ data, including 100 known deals so far this year.

The firm has a long history of making early bets on companies that have grown into dominant players in their industries, from to to .

— Joanna Glasner

M&A

JFrog acquires Vdoo: DevOps platform developer announced that it is acquiring , an integrated security provider for connected devices, in a cash-and-stock deal valued at $300 million.  Israel-based Vdoo previously raised $70 million in known funding, per ¸½½üÉÏÃÅ data.

Proptech

WeMaintain lands $36M: Paris-based , a tech-enabled elevator and building maintenance company, raised  €30 million (US$36 million) in a Series B round backed by multiple new and existing investors.

— Joanna Glasner

GovTech

Zencity closes $30 round from M12 and Salesforce: Israel-based locked up a new $30 million round to help deliver community feedback to governments. The new funding comes from existing investors , , , — venture fund — and .

The company — which gathers community insights from various data points and polling, and delivers them to local and state governments — has now raised a total of $51 million. The company works with more than 200 government agencies across the United States.

— Chris Metinko