FORTUNE -- Jonathan Teo and Justin Caldbeck are planning to raise a new venture capital fund focused on early-stage consumer technology companies, Fortune has learned.
Teo is a former Google (GOOG) engineer who most recently spent two years as a Palo Alto, Calif.-based managing director with venture capital firm General Catalyst Partners (where he remains a venture advisor). His deals included Snapchat, HeyDey, Couchsurfing and Chloe+Isabel. Before joining General Catalyst in 2011, he was a principal with Benchmark, where he "originated" the firm's investments in Twitter (TWTR), Eucalyptus Systems and Instagram.
Caldbeck has spent the past three years as a partner with Lightspeed Venture Partners, where he still is winding down activities. His Lightspeed deals include Bloomreach, GrubHub, PetFlow and TaskRabbit. He also was involved with the firm's Snapchat investment. Caldbeck previously was with Bain Capital Ventures, helping to launch its West Coast office.
No word yet on the new firm name, or how much Teo and Caldbeck hope to raise. They both declined to comment.
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Former Akamai chief executive is becoming a venture capitalist.
FORTUNE -- One year after stepping down as CEO of Akamai Inc. (AKAM), Paul Sagan today announced that he has joined venture capital firm General Catalyst Partners.
His official at General Catalyst will be XIR partner, which the firm describes thusly: "Proven founders, CEOs and visionaries with deep domain expertise who partner with General Catalyst to identify investments in profitable companies in which they MOREDan Primack - Jan 30, 2014 12:24 PM ET
Eyeglass maker can now see its future a bit clearer.
FORTUNE -- Trendy eyeglass maker Warby Parker has raised $36.8 million in new venture capital funding, according to a regulatory filing that indicates the total round could top out at $40 million.
It's a large score by most any VC standard, and massive for a maker of consumer goods (even if it is one that sells via online channels).
General Catalyst Partners appears to MOREDan Primack - Sep 9, 2012 9:52 PM ET
John Simon out at General Catalyst
FORTUNE -- John Simon is leaving General Catalyst Partners, a Cambridge, Mass.-based venture capital firm he co-founded back in 2000.
His investments have included Bullhorn (acquired by Vista Equity Partners), BzzAgent (acquired by Tesco), Maven Networks (acquired by Yahoo) and Taleo (taken public, later acquired by Oracle).
Simon confirmed his departure to Fortune, emailing over the following statement:
"Not saying much beyond things have gone great and are going great at GC MOREDan Primack - Jul 20, 2012 4:31 PM ET
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