Battery Ventures is going to look a bit different next year when it finishes raising its eleventh fund, Fortune has learned.
Not listed as a general partner is Dave Tabors, a 20-year veteran of the firm’s Boston office who has backed such software and services companies as BladeLogic, SingleHop, HighJump Software, Made2Manage Systems and Quovadx.
Tabors declined to discuss anything related to Battery fundraising, per SEC rules, but did confirm via phone that he will step away from an investing role sometime next year.
“It’s been a great 20 years but I’m a little on the burned-out side,” he explained. “Sometime next year I’ll stop looking at new investment opportunities so that I can have some extra time for something completely different… I haven’t really done anything else professionally, so I’ll either find something new that I love doing or maybe a break from venture will bring me back to it.”
Tabors adds that he will continue to serve as a GP in existing Battery funds, and continue to work with his existing portfolio companies.
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