Rob Theis has joined
Theis is one of Silicon Valley’s well-regarded venture capitalists, with a technology infrastructure and applications focus that includes such recent DCM exits as NeoPath (which was acquired by Cisco) and VanceInfo (which went public). He was named a 2007 “Superstar of Venture Capital” by TheFunded.com. He also championed Adam Aircraft, a carbon-composite jet manufacturer that went bankrupt after raising $182 million in private equity funding. Both Theis and DCM’s David Chao said that plans for his departure began in May 2007, long before the fall of Adam Aircraft.
“My understanding is that Rob chose to leave [DCM] because the firm was focusing more and more on investments in Asia, and he wanted to keep focusing on the U.S.,” says Kate Mitchell, a managing director with Scale. “We obviously looked at all his past deals, and really think we’ve added a great investor.”
Doll deemed NVCA chairman
In addition to Doll, the NVCA named six new members to its board: Jim Fleming, partner of Columbia Capital; Stephen Holmes, general partner of InterWest Partners; Deepak Kamra, general partner of Canaan Partners; Jack Lasersohn, general partner of The Vertical Group; Trevor Loy, managing partner of Flywheel Ventures; and Ray Rothrock, managing general partner of Venrock. Each will serve a four-year term.
Current board member Terry McGuire, managing general partner of Polaris Venture Partners, was named chairman-elect of the NVCA to succeed Doll next year.
Gandhi goes to Accel
At Accel, Gandhi will focus on the consumer Internet and the software sectors.
Highway 12 ramps up with two hires
and Glenn Michael have joined
NEA adds partners
and Paul Walker have joined
Cardinal hires Aguallo
Robert Aguallo Jr.
has been named a managing partner of the
has agreed to join
Palamon adds CFO
Singh joins Carlyle
has agreed to join The Carlyle Group as a managing director focused on Indian buyouts. He most recently was head of Citi’s India M&A business.