Intel’s diversity fund driver Lisa Lambert leaves for Westly Group

Intel Capital veteran Lisa Lambert has left her position to join Westly Group. That’s a loss for Intel, as Lambert was managing director of Intel Capital’s Software and Services Fund as well as the Intel Capital Diversity Fund.
Last June, Lambert was the executive who announced the Intel Capital Diversity Fund in a press conference that included Intel CEO Brian Krzanich. It’s not clear what will happen with that fund as Lambert exits. We’ve asked Intel for a comment.
Lambert has 16 years of venture experience, and she was associated with investments that yielded seven initial public offerings and 30 acquisitions, Westly Group said.
Westly Group is focused on investments related to sustainability. Lambert will focus on investing in high growth software, Internet and Internet of Things companies for the Westly Group.
Lambert serves on the board of directors for Silkroad Technology, Brit+Co, and Mark One and is a board observer for Urban Airship, Kaltura, and Fonality.
She is also on the board of directors for the National Venture Capital Association (NVCA). Lambert has invested in and helped grow some of Silicon Valley’s biggest technology successes including: VMware (IPO), MySQL (acquired by Sun Microsystems), Endeca (acquired by Oracle), DATAllegro (acquired by Microsoft), JBoss (acquired by Red Hat), Joulex (acquired by Cisco), X+1 (acquired by Rocket Fuel), TOA Technologies (acquired by Oracle), and Nexmo (acquired by Vonage).
“We are delighted to have someone of Lisa’s caliber join our firm”, said Steve Westly, in a statement.  “Lisa brings a strong background in technology and a terrific investment track record.  It’s no surprise that someone who was once a Division I college athlete and team captain, has become one of the best coaches for young start-ups in Silicon Valley.  We’re delighted to have her on our team.”
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Intel’s diversity fund driver Lisa Lambert leaves for Westly Group
Intel’s diversity fund driver Lisa Lambert leaves for Westly Group

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