London, Paris lure technology investors from U.S.

Laurel Bowden, a partner at Facebook Inc. investor Greylock Partners, has been working out of London from a rented desk for more than two years.

Fresh from an initial public offering of Mountain View’s LinkedIn Corp. that valued its stake at $1.3 billion, the Menlo Park venture firm raised its first fund focusing on Europe and Israel last month. Greylock and Insight Venture Partners, an early backer of Lovefilm and Palo Alto’s Flipboard, are among American investors considering opening offices in London to take advantage of a burgeoning number of technology startups.

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