500 Startups is expanding its investing team and geographic footprint with an office in New York and plans for a San Francisco location. The seed fund and accelerator program run by Dave McClure has hired Parker Thomson as a venture partner and promoted George Kellerman to partner, according to a blog post.
Paul Singh, meanwhile, will become CEO of dashboard.io, where he is the founder, and remain a venture partner at 500 Startups.
The New York “co-working” space is located in the Flatiron district and will have room for local startups. 500 Startups expects to open its San Francisco office in a few months.
Thomson comes to the firm from Pivotal Labs and will guide the San Francisco operations along with helping to run the accelerator. Kellerman heads up fundraising and investor relations and will lead investments in Japan.
Singh’s dashboard.io recently raised $750,000 from 500 Startups, NextGen Angels, LX Ventures, Voodoo Ventures and others.
The firm announced the new offices and staff changes in a blog post.
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