Veteran venture capital firm’s healthcare and tech teams to go their separate ways.
Atlas Venture this morning held its annual investor meeting in Boston, and led with some very large news: The firm plans to split in half, with its healthcare and IT groups to raise separate funds as independent entities.
The healthcare team will retain the Atlas brand, and plans to raise a new fund next year that would be similar in size to the $265 million Atlas raised for its ninth fund in early 2013.
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Atlas Venture this morning held its annual investor meeting in Boston, and led with some very large news: The firm plans to split in half, with its healthcare and IT groups to raise separate funds as independent entities.
The healthcare team will retain the Atlas brand, and plans to raise a new fund next year that would be similar in size to the $265 million Atlas raised for its ninth fund in early 2013.
Help employers find you! Check out all the jobs and post your resume.
