General Catalyst, filed documents with the SEC revealing a $500 million close of its most recent fund. 56 separate investors participated in the offering. Shannon Advisors of Lake Forest, IL acted as the sales agent, earning a nearly half million dollars in commissions.

General Catalyst Partners is a Boston, NYC, Palo Alto based venture capital and private equity firm investing in exceptional entrepreneurs building leading technology-based companies. Founded in 2000, General Catalyst invests in technology/IT, consumer/media and clean energy/advanced technology sectors.