kip-sheeline

Years after muscling out cofounders, Tom Chavez sells Rapt to Microsoft

Nicholas Carlson · 03/14/08 03:20PM

Microsoft will acquire San Francisco-based Rapt, which helps publishers manage their ad inventory. VCs Kip Sheeline of Levensohn Venture Partners and Arthur Patterson of Accel Partners saw their firms cash out on the deal, along with cofounder and CEO Tom Chavez. But not without a little founder blood on their hands.