Friday, April 3, 2009

Simeonov Peels Off from Polaris

Just a couple weeks after technologist-in-residence Charles Teague left General Catalyst to chase some entrepreneurial opportunities, Sim Simeonov, the technology partner at Polaris Venture Partners in Waltham, is doing the same. He'll continue to hold the title of "technology advisor" for the firm, but won't be in the office day-to-day.

(Interestingly, Teague and Simeonov worked together at Allaire Corp., back in the Web 1.0 days, but Simeonov says they're not collaborating right now.)

I'd been hearing that change was in the air for several months. Back in February, Simeonov confirmed what was happening in an e-mail, noting that he'd helped start four companies at Polaris (Archivas, 8th Ring, Veracode, and Plinky), but wanted to consistently receive equity in the companies he helped launch. (California-based Plinky, the newest start-up, is the only company where Simeonov has a stake. He serves as interim CTO there.)

Polaris' Web site hasn't yet been updated to reflect the change.

Simeonov's blog is here.

He's organizing an event later this month on cloud computing for the MIT Enterprise Forum. (And in the interest of disclosure, Simeonov is also on the board of advisors for the Nantucket Conference...along with me.)

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