Michael Yang has left Comcast Ventures, the corporate venturing arm of US-based mass media group Comcast, where he had been a managing director for nine years.
Omers Ventures, the venture capital arm of Canada-based pension fund Ontario Municipal Employees Retirement System (Omers), hired Yang as a US-based managing partner.
Yang led investments in healthcare, internet-of-things and virtual reality technology during his time at Comcast Ventures.
Deals in which Yang was involved included investments in smart lock maker August Home, wearable body monitor maker BodyMedia, both of which have since been acquired, as well as healthcare concierge platform Accolade and patient risk-management software developer Talix.
Omers Ventures hired Yang to run an office it recently opened in Silicon Valley. It focuses on technology, media and telecommunications deals and its portfolio includes e-commerce platform Shopify, travel booking app developer Hopper, and social media management platform Hootsuite.
Yang said: “Omers has such a compelling value proposition for startups looking for a strategic partner, with access to patient yet agile venture capital, a strong entrepreneurial network, steadfast resources to support scale and growth and visibility into technology themes and opportunities spanning both private and public assets.”
Photo of Michael Yang courtesy of LinkedIn.
