Accel Partners To Help Bring You Cheap, Eco-Friendly Diapers

Ok, further proof that it's looking like 1999 all over again. A huge financial meltdown is just around the corner, and front line venture capitalists are spending money on ecommerce sites. Except this time around it isn't pet sites. This time, it's diapers. Diapers.com , was founded in 2005 by two new dads and has raised two rounds of capital, including a $7 million round led by Bessemer Venture Partners in 2007. The original investor group included Nicholas Negroponte of One Laptop Per Child fame. We've got word from a source that the company, based on strong revenue growth, has raised a new and much larger round led by Accel Partners. Yes, the same Accel Partners that invested in Facebook.
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