Friday, January 30, 2009

Atlas Venture Raises $283 Million for New Investment Fund - Waltham, MA

Atlas Venture, a Waltham-based venture capital firm, has raised $283 million for its latest investment fund, the firm’s eighth. Atlas also announced that it has promoted Bruce Booth to partner in its life sciences group. Booth joined the company in 2005 and currently sits on the boards of Ivrea and Zafgen, and is chairman and co-founder of Miragen. The first investment made so far by Atlas’s latest fund was with CloudSwitch, a cloud computing technology start-up that is currently in stealth mode. Atlas Venture co-led the company’s $7.4 million first investment round.


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