Greylock moving HQ to Silicon Valley - Boston Business Journal:

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to its offices in Silicon The move comes on the heels ofthe firm’ prolonged expansion on the West Coast as well as a span that saw considerable personnelp changes at the local operation. The firm has leasec new space on Sand Hill Road inMenlo Calif., to accommodate the move. Greylock will move much of its administrativreand back-office operations to the new space. Don Sullivan, who overseesd the firm’s finances and operations, will move from Waltham as well.
“Silicon Valley is a hotbed of entrepreneuriak activityin Greylock’s two key areas of focus: enterpriss software and systems and consume r Internet,” says David Sze, a Greylock partner, in a prepared writtem statement. The firm will maintain a presencedin Massachusetts, although the extent of those operations are unclear. Greylock, long considered one of the premier venturre firms on theEast Coast, has been the targert of numerous talent raids in recent years, both by established and startup venture operations. Founderd in 1965, the firm has roughlgy $2 billion in capitakl under management, according to its Web site.