Abhishek Shukla (pictured) has joined enterprise technology producer Hewlett Packard Enterprise (HPE)’s corporate venturing vehicle, Pathfinder, as managing director of global venture capital investments.
Shukla came from GE Ventures, the corporate venturing vehicle for US-headquartered power and industrial equipment maker General Electric, where he was managing director of software investments. He replaces Ray Schuder, who was unavailable to comment on his next move.
Shukla told Global Corporate Venturing: “I actually replaced Ray and will be taking over all the investing activities for HPE Pathfinder.”
Paul Glaser, managing director at Hewlett Packard Pathfinder, added: “Abhishek joins us as managing director to help scale the Pathfinder platform – diving deeper into investments, solutions, and insights to benefit startups, customers and HPE.
“And what a diver he is – not only based on his impressive venture experience – but also his multiple dives with great white sharks.”
GE Ventures hired Shukla at the start of 2016, initially as director of software investments, before being promoting him in February 2017. His deals included Xage Security, The Hive, Morphisec, Portworx, IoTium, and Equalum.
Shukla had previously spent two years as senior manager of corporate development and venture investments at networking technology provider Cisco, after nearly five years in a similar role at Hewlett-Packard spinoff Agilent Technologies.
The news comes as part of a raft of departures from GE Ventures, including that of another managing director, Dave Rosenberg, who has joined fellow corporate venturing unit M Ventures.
A third managing director, Lisa Suennen, left last month, while GE Ventures senior associate Kamal Vasagiri recently departed after more than three years at the unit to join electronics and consumer products manufacturer Honeywell as director of venture capital investments.
– Photo courtesy of LinkedIn.