Huffington Post co-founder Kenneth Lerer is a Bedrocket investor, as is Nancy Tellem, former CBS network president.

WSJ: Web TV's New Lineup

After AOL Inc. bought the Huffington Post, the media site's co-founder, Kenneth Lerer, left to focus on his new seed investment firm, Lerer Ventures.

WSJ: New York Start-Ups Ride Tech Boom

As Hippeau moves from an advisory role at Lerer Ventures to a full partner, Kenneth Lerer says they will explore raising a larger fund in the first half of 2011.

FORBES: HuffPo Backers On What Comes Next