Former New Enterprise Associates General Partner Jon Sakoda has filed to raise a $500 million venture-capital fund under the name Catalyst Labs Fund I, according to a filing with the SEC.
Sakoda in a May blog post said he would be leaving NEA after 12 years. He is no longer listed on the NEA site.
A first close was not reported.
News reports suggest Sakoda will be working closely with Cisco Systems to make early-stage investments.
The filing can be found here.
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