Level Equity Formed by Ex-Insight Venture Pros
Insight Venture Partners is one of the VC world's darlings right now, having taken two portfolio companies public in the past month. But peHUB has learned that a partner on one of those investments, George McCulloch, has left the firm to hang his own shingle. Joining him are fellow Insight managing director Ben Levin and senior associate Sarah Haas. The new firm is called Level Equity, and is based in New York City. No word yet on firm strategy, although both McCulloch and Levin have historically focused on the IT sector. Prior to joining Insight in 2002, MCulloch worked on growth equity deals for Summit Partners in software, semiconductor and communications companies, while Levin concentrated on data networking deals for Greenwich Technology Partners. "They are good, talented guys who saw an opportunity to scratch their entrepreneurial itch," says Jeff Horing, a co-founder
