Monday, May 30, 2011
Greylock Partners Launches $160 Million Tech Fund For Europe And Israel
Well known US VC house Greylock Partners is launching a brand new $160 million fund aimed at internet technology companies, with the fund being deployed between Europe and Israel. Greylock is best known for its stakes in Facebook, Groupon and LinkedIn and European investments including Wonga. Greylock's move will be a shot in the arm for European tech companies looking for more options when raising financing. We understand the fund will be run from London by Laurel Bowden, a Partner, and will cover investments from early stage and beyond.