In 2001, Flybridge Capital was founded under the name IDG Ventures Boston, an international venture investment branch of the International Data Group (IDG). In 2008, the company renamed itself Flybridge Capital Partners after announcing its third fund, for $560 million in assets under management. IDG was no longer the lead investor, while Princeton University became a limited partner. The general partners in 2008 David Aronoff, Jeff Bussgang, Michael Greeley, Chip Hazard and Jon Karlen.
Flybridge Capital Partners sponsors a student scholarship program for Massachusetts college students to foster entrepreneurship in the local business community, called Stay in MA. It was started in 2008. It raised about $200 million for a third fund (second under the new name) in 2012, and about $125 million for a fourth fund in 2014.
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