Kendall Cooper, the former CFO of The Mayfield Fund, has joined Allegis Capital as CFO. Palo Alto, Calif.-based Allegis is an early stage venture capital firm with more than $500 million under management. The Mayfield Fund, of Menlo Park, Calif., is also a venture capital firm with more than $2.8 billion under management.
Kendall Cooper, formerly the chief financial officer of The Mayfield Fund, has joined Allegis Capital as chief financial officer, effective today.
Prior to The Mayfield Fund, Cooper served as managing member of Sequoia Capital VIII, overseeing the Fund’s wind-down phase for Sequoia Capital, and as a consultant to Cardinal Venture Capital, assisting with new fund formation, fund-raising, strategic planning and administrative activities. Previously, Cooper was chief financial officer, general partner and managing member of four venture funds at Dominion Ventures.
“The Allegis team has an excellent track record as an early-stage investor with an entrepreneur-centric culture. Allegis’ partners roll up their sleeves and play significant roles to help make their companies successful. This is not only a great fit with my background, but also with my interests in working more closely with portfolio companies,” Cooper said. “Additionally, the smaller investment team size gives me the opportunity to expand my skills into new areas while also playing a leadership role within the firm.”
“We’re delighted to add a Chief Financial Officer with Kendall’s extensive venture and financial background to our leadership team,” said Robert Ackerman, the founder of Allegis and one of its managing directors. “This is a very strategic position at our firm and we look forward to Kendall’s leadership in ensuring that we are at the forefront of “best practices” in working with both our limited partners and our portfolio companies.”