Addition, Subtraction at Local Venture Firms
Already in the week, we’ve had a few moves at some local venture capital firms. Read below for the details.
—Rob Go, formerly a senior associate at Boston-based Spark Capital, announced on his blog today that last Friday was his last day at the firm. He didn’t specify where he’d be going next, but says in the biography section of his blog that he is the “cofounder of a new entrepreneurial venture.” Other members of Spark were tied up in meetings when I called for additional information on his move. (If I hear back from them, I’ll be sure to update this space.) Prior to joining Spark, Go worked in marketing at eBay, where he launched products that enhanced the website’s browse, search, and merchandising functions.
—Commonwealth Capital Ventures announced today that it added Alex Laats to the investment team as a general partner; he will focus on investments in software, defense, Internet, and security companies. It’s a homecoming of sorts for Laats. He worked for the Waltham, MA-based firm before as a venture partner, specializing in enterprise IT and communications infrastructure. He then took a job at BBN Technologies, a company funded in part by Commonwealth that was purchased by Raytheon in 2009. At BBN Laats created and ran the company’s Delta division, which worked to turn intellectual property and R&D materials into sources of revenue.