Palo Alto, Calif.-based Sevin Rosen Funds promoted Nick Sturiale to general partner and Ram Velidi to the position of partner. Sturiale joined Sevin Rosen in 1999 as a senior associate, and was named partner in 2001. Velidi has been a senior associate with Sevin Rosen since 2001.
Mike Segal, founder of I-bank and private equity research firm M.J. Segal Associates, has been appointed an independent board member with Belmont, Mass.-based Kronos Advanced Technologies Inc. (OTC BB: KNOS).
Comerica Bank hired financial services veteran Michael Weeks to work in its venture group as a senior vice president. The group focuses on strengthening ties with the venture capital community. Weeks most recently served as manager of wealth management at City National Bank.
Deborah Farrington, a founder and co-chair of private equity firm StarVest Partners, has been named an independent director with Collectors Universe Inc. (Nasdaq: CLCT).
Matt Dailey and Chris Jones have joined The Riverside Co. as associates. Dailey previously worked in the Cleveland-based buyout group of Morgenthaler, while Jones had worked at Chicago-based private equity firm Keystone Capital. In other Riverside Co. news, the firm has promoted both Steve Dyke and Loren Schlachet to the position of principal. Both men have been vice presidents with the firm since 2000.
Russell Ray has joined Boston-based HLM Venture Partners as a general partner. Ray previously served as global co-head of healthcare investment banking at Credit Suisse First Boston.
Noah Walley has joined Investor Growth Capital as a managing director focused on the information technology sector. He had spent the previous five years with Morgan Stanley Venture Partners