I don’t usually post news about us here, but in this case I will make an exception. I am thrilled to post that today marks the closing of our third fund as a group of investors and the launch of our new name, Flybridge Capital Partners.

Last week we closed a new $280m fund, building on our previous two funds by adding a handful of new investors. We were very fortunate to have great support from our existing investors and as a result, this process went very smoothly and quickly. Our strategy remains unchanged - we are dedicated to being the best active early-stage technology investors we can be. We want to partner with entrepreneurs and  help them build great companies.

Naming a company is a very hard thing to do, as most of you startup founders know. It’s very hard to find names that are memorable, meaningful and that possess a simple URL to boot. We think we have accomplished this trifecta with Flybridge. Those of you that are boaters may be familiar with the term - for those who aren’t, here’s a definition:

1. 
   

2. (n) the highest navigational bridge on a ship, where the captain might go to get a better or different perspective of what lies ahead ...
   

We think this has great relevance to what we hope to bring as advisors to our portfolio companies. Fortunately, flybridge.com was available and our new web site and email addresses now reflect our new name. Please check out Flybridge Capital Partners at flybridge.com.

A New Lesson for me About Fund Raising

To be completely honest, this was the first time that I have been part of a fund-raising process on the “asking” side. I have supported a number of portfolio companies over the years as they have raised additional rounds of capital, but this was literally my first time making the ask for myself. I have a new found appreciation for what all of you out there go through!