Flybridge Capital Partners

Flybridge Capital Partners is a Boston-based, early-stage venture capital firm. With $560 million under management across three funds, the firm is investing in consumer, healthcare, energy and information technology markets and is led by a team with domain expertise and experience in venture capital.

Firm History

The firm was founded in 2001 as IDG Ventures Atlantic with a $100 million first fund, which was funded by IT media firm International Data Group (IDG). Subsequent to its first fund, the firm raised a $180 million second fund in 2005 where it brought in additional investors outside of IDG. In 2008, the firm closed a third $280 million fund and renamed itself Flybridge Capital Partners to better reflect its position as a firm with a broad investor base and diverse sector focus.

Team

Flybridge’s current general partners are David Aronoff, Jeff Bussgang, Michael Greeley, Chip Hazard, and Jon Karlen.

Investment Funds and Investments

Flybridge has $560 million under management. The firm is typically the first institutional investor in the companies it backs, and focuses on capital efficient seed and early-stage companies seeking capital to fuel growth and expand operations.

Investment Funds

Since inception, the firm has raised three venture capital funds with combined investor commitments of $560 million.

• 2001 — IDG Ventures Atlantic I LP, $100 million
• 2005 — IDG Ventures Atlantic II LP, $180 million
• 2008 — Flybridge Capital Partners III LP, $280 million

Investment Focus Areas

• Consumer Infrastructure – E-commerce, video, Web 2.0
• Tech-enabled Business Services – Technology-enabled marketing, financial services/payments
• Technology for Healthcare – Tools for life sciences, medical devices, health IT
• Enterprise IT – Data virtualization, open source, software as a service
• Physical Security – Information security compliance,physical and homeland security
• Mobile – Mobile applications, mobile infrastructure
• Platform Semiconductors and Components – Analog, mixed signal, MEMS, multimedia, RF, power
• Energy – Demand-side technologies, energy storage, advanced materials

Portfolio Companies

Flybridge Capital Partners has invested in 42 companies to date including: Brontes Technologies (acquired by 3M), BzzAgent, CHiL Semiconductor, GamerDNA, Infobright, Mall Networks, MicroCHIPS, Predictive Biosciences, Reveal Imaging, SimpleTuition, Transpera, and ZING (acquired by Dell).

Stay in MA Program

In January 2009, Flybridge Capital Partners launched Stay in MA, a student scholarship program for Massachusetts-based college students to foster entrepreneurship and innovation between students and the local business community. Stay in MA provides financial assistance to students interested in joining or attending the events of technology and business organizations in the region.

External links

• Flybridge Capital Partners (company website)