Lucy McQuilken leaves Intel Capital for TechStars Boston.
Category: People
Media firm Morris spins out investment business
US-based Morris Communications spins out business investment activities into new venture capital division.
Adelphic Mobile hires Collins
Adelphic Mobile, a US-based mobile advertising start-up backed by the eponymous corporate venturing division of search engine company Google, has hired Michael Collins (pictured) to be chief executive. Collins previously held the same role at WPP’s mobile marketing agency, Joule. Changfeng Wang, Adelphic’s co-founder, will be moving from CEO to chief technology officer with his… Continue reading Adelphic Mobile hires Collins
Lifetime Achievement Award: Charles Searle
The group secured its first key success by targeting expansion in China with exceptionally good timing, riding much of the exceptional growth of that country during the last decade.
Personality of the year: Tony Askew
Chairman of the new corporate venturing group of UK trade body the British Private Equity and Venture Capital Association, adds industry gravitas to strong investment picking record.
Kodis replaces Kolnaar at Sabic
Andrew Kodis (pictured) has replaced Hans Kolnaar as head of Saudi Arabia-based chemicals company Sabic’s corporate venturing unit (CVC). Kolnaar said by email he was becoming marketing director in Europe for Sabic’s innovative plastics business as of June 1. Kodis worked within industrial group General Electric’s plastics division moving to Sabic in 2007 when the… Continue reading Kodis replaces Kolnaar at Sabic
Park jumps from SAP to Khosla
Khosla Ventures has hired Sean Park as its new vice president of finance.
Coburn leaves CCI for Partners
Christopher Coburn (pictured), executive director of US-based Cleveland Clinic Innovations (CCI), will move to non-profit peer Partners HealthCare to be vice-president of research ventures and licensing (RVL). RVL is the division that coordinates industrial relationships and intellectual property management across Partners HealthCare, Massachusetts General Hospital and Brigham and Women’s Hospital. Partners HealthCare is integrated health… Continue reading Coburn leaves CCI for Partners
CrunchFund’s Siegler jumps to Google Ventures
MG Siegler, a partner in CrunchFund, has stepped down to join Google’s corporate venturing arm Google Ventures. Siegler, a columnist on the TechCrunch website until 2011, was one of a team that built CrunchFund, the early-stage venture capital firm led by TechCrunch founder Michael Arrington after the site was sold to AOL. As at CrunchFund,… Continue reading CrunchFund’s Siegler jumps to Google Ventures
Chrapaty on cloud nine at Nirvanix
Zynga CIO joins Intel Capital and Khosla Ventures-backed cloud startup.
Fair Trading Technology makes Bloom CIO
Foreign exchange trading technology firm brings in new chief operating officer to replace Robert Bloom in the role.
Gaule’s Question Time: Iain Cooper, Schlumberger
In our series of interviews with leading innovation and venture developers, Andrew Gaule, founder of the Corven Corporate Venturing Network, talks to Iain Cooper manager, early-stage technology investments at Schlumberger.
Brown sets up Bowery
Mike Brown (pictured), co-founder of AOL Ventures, the corporate venturing unit of the eponymous US-based internet service provider, is setting up Bowery Ventures. News provider All Things Digital said AOL had committed to Bowery’s first fund, which has raised $33m. News provider Fortune, which first reported Brown’s departure, said he would focus investments on enterprise… Continue reading Brown sets up Bowery
Oke joins Intel Capital
Tobi Oke (pictured), an associate director at UK-listed bank Standard Chartered’s Private Equity unit, has joined Intel Capital, as an investment director based in Lagos, Nigeria. Oke will focus on investments in sub-Saharan Africa for US-listed chip maker Intel’s corporate venturing unit. Intel Capital has been investing in Africa since 2011 and has made investments… Continue reading Oke joins Intel Capital