It was one of the worst-kept secrets in the history of European VC, but now it's official: former Earlybird VC investors Ciarán O'Leary and Jason Whitmire have raised $120 million for a brand new early-stage investment firm (yes, another one) that will be based in Berlin.
The new firm, dubbed BlueYard, will invest across Europe. Also worth noting: former LivingSocial exec and 6Wunderkinder CTO Chad Fowler is joining BlueYard as a venture partner.
This is only one of the many changes the Berlin investment scene is currently undergoing, which we'll shine a bright light on in the coming weeks.
Earlybird VC Ciarán O’Leary: “European investors need to up their game.” (video interview)
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Google Ventures Europe partner Eze Vidra departs the company
Changes at London VC firm Accel as Michiel Kotting leaves for Northzone
Cisco bets big on the French startup scene, invests $51 million in local VC firms Idinvest and Partech