Gould grows angel wings

Kathryn Gould is making investments in unidentified tech companies as an angel investor after announcing this year she is leaving Foundation Capital, a Menlo Park, Calif.-based venture firm she co-founded.

Gould, who has assumed the title of partner emeritus at Foundation, said in an email to PE Week that she is not in the process of raising a fund.

Former Foundation Partner Warren Weiss says that Gould may be testing the waters to see if angel investing is something she likes before collecting capital and launching a formal investment vehicle.