Highland opens in Europe, 3i closes Boston office
Highland Capital Partners is opening up an office in Europe, to compete with fellow venture firms like Accel Partners, Atlas Venture, Benchmark Capital and Index Ventures. Its office will be based in Geneva, Switzerland, according to PE Week, and adds to its offices already in Lexington, Mass., Bethesda, Marylanda and Menlo Park, Calif.
Meanwhile, Boston continues its decline as an area of investment. 3i Group is closing its Waltham, Mass. office, as it moves away from early-stage investing, PE Week reports.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
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