Last month, when the networking startup Cumulus Networks came out of stealth and announced a Series A investment by a bunch of notable venture capitalists, Peter Wagner, a longtime managing partner at Accel Partners, was one of them.
I took notice, in part because Wagner had been reported earlier this year to be working on a new fund with Gaurav Garg (pictured below), a seasoned venture partner at Sequoia Capital. Earlier this year, Fortune reported that they were working on a fund they called “Alpha Venturi.”