In his new role he will continue to focus on consumer Web and mobile investments as well as sectors that exhibit network or marketplace dynamics such as education and wellness.

Koyfman had joined Spark Capital as principal in 2008 and since then he has led the firm’s investments in innovative companies, including Skillshare, Work Market, Svpply, gdgt, and Aviary among others.

Prior to this, Mo held a variety of strategic, transactional and operational roles at IAC. He also served as chief operating officer of Connected Ventures, parent of CollegeHumor.com, BustedTees.com and Vimeo.com. He also served on the board of directors of ArtWorks,

Koyfman worked as an investment banker at Bear Stearns and also served as vice president of programming and vice president of mergers & acquisitions.

Spark Capital general partner Bijan Sabet said that Koyfman has been a critical asset to help deepen the firm’s presence in New York as well as the broader entrepreneurial community.