Local Investors Launch New Fund

5/14/10

Venrock VP David Beisel is joining with former Spark Capital senior associate Rob Go and former Point Judith Capital principal Lee Hower to form a venture capital fund focused on investing in early-stage companies, Mass High Tech reported today, citing venture investors close to the three. Last month Go announced he was leaving his position at Spark to start a new venture, which he didn’t name or describe any further. Mass High Tech wrote that Hower announced his departure from Point Judith the following week, but that Beisel, who Wade interviewed a few years back, has not revealed any plans to leave his position at Venrock, a firm started as the venture capital arm of the Rockefeller family.

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