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Atlas Venture consolidates in Boston area


Waltham, Massachusetts and London, UK – January 19, 2010

Atlas Venture announced today that during 2010 the firm will bring all operations together at a new office in the Boston area.

“Having all of us together in a single location will streamline decision-making and increase overall operating effectiveness,” said Partner Peter Barrett.

Partner Fred Destin is relocating from Europe to Boston. “My team has built great momentum from our Boston base, and I am excited to join them in the US. I look forward to leveraging my European digital media and internet experience across the portfolio and in helping to build some great new companies on the East Coast.” said Destin.

Christopher Spray will remain in London with responsibility for managing the existing European portfolio, while Graham O’Keeffe and Regina Hodits have transitioned to Venture Partner roles. Atlas Venture’s fundamental international early stage investment strategy will not change. The Partners will continue to leverage two decades of European experience and deep networks in order to add new European investments to their international portfolio.

About Atlas Venture

Atlas Venture is a leading early-stage international venture capital firm that invests in technology and life sciences businesses. Since inception in 1980, its partners have helped build over 350 companies in more than 16 different countries. Atlas Venture is currently investing from its eighth fund which closed in late 2008. For more information, visit www.atlasventure.com


Publisher Contact Information:

Grayling
+ 44 (0) 7757 606 357
josephine.salm@grayling.com

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