The venture capital firm, previously a part of the IDG Group, is reportedly seeking up to $200m for its second independent fund.

Early stage venture capital firm Flybridge Capital Partners is raising up to $200m for a new fund, to be known as Flybridge Capital Partners IV, according to news provider Fortune.

The fund will be Flybridge’s second independent fund since it spun off from International Data Group. It was formerly known as IDG Ventures Boston. Investors in Flybridge’s previous fund, instituted in 2008, include NPO the Alfred I. DuPont Testamentary Trust, Princeton University and several finance and investment firms.