M Ventures, a corporate venturing subsidiary of Germany-headquartered pharmaceutical firm Merck Group, has hired Dave Rosenberg (pictured) as a managing director.
Based in Amsterdam, in the Netherlands, Rosenberg will head M Ventures’ New Business Fund under the leadership of the unit’s managing director, Roel Bulthuis.
M Ventures makes early-stage investments in addition to creating spinoffs leveraging Merck’s science and technology base.
Rosenberg came from GE Ventures, the corporate venture capital arm of industrial and power technology producer General Electric, where he spent two years as managing director of business creation, having previously headed cloud investments for IP licensing firm Intellectual Ventures.
In addition to his VC work, Roseberg was a co-founder and previously CEO of Mulesoft, the integration software provider acquired by Salesforce for $6.5bn earlier this year. He subsequently founded Nodeable, a data processing platform acquired by Appcelerator in 2012.
– Photo courtesy of Merck KGaA.