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VCs on the move

Netflix executive Cockcroft joins Battery

Battery Ventures tapped into the local tech community and named Adrian Cockcroft, a former Netflix executive, as a technology fellow to help generate deal flow for Battery, evaluate companies and formulate investment theses.

Cockcroft, who started with Battery in early January, said he will also help give Battery a more proactive presence at industry conferences.

Cockcroft told VCJ that the position is not a traditional VC role, but he has the equivalent seniority to a partner.

Cockcroft, who’s noted for his cloud computing expertise, said that he will look at investments in various industries. Among the technologies of interest to him are hardware and mobile, not just cloud, he said.

“I’ve played with 3D printers and the Internet of things. There are many things I want to look at,” he said.

In his own blog post, Cockcroft said he would counsel large enterprise companies who want to work more in the cloud, using remote computers that work over the Internet rather than proprietary centralized computers. In Netflix’s case, Cockcroft moved its streaming entertainment to Amazon’s cloud platform.

He told VCJ that in 2009, when he advised Netflix on moving delivery to the cloud, “everyone in the industry thought we were crazy.”

Bringing Cockcroft into the fold underscores Battery’s commitment to enterprise computing. Its prior investments in the sector include Akamai, an Internet delivery network, and Omniture, the online marketing and web analytics business which Adobe acquired.

Last year, Battery raised $900 million to invest, including its $650 million Battery X fund.

Claremont Creek Ventures adds to team

Claremont Creek Ventures has hired Harsh Patel as director to its investment team. Patel previously worked as a general partner at RRE Ventures and In-Q-Tel. He also co-founded Orbit Commerce, where he designed a SaaS platform for small business ecommerce.

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Harveen Sethi, Claremont Creek Ventures

Source: Photo courtesy of Claremont Creek Ventures

Harveen Sethi, Claremont Creek Ventures

The Oakland-based firm also named Harveen Sethi as an associate. Prior to joining Claremont Creek, Sethi was a senior manager at Medtronic. In addition, Sethi previously worked on enterprise technology and analytics projects at Accenture.

Ted Driscoll of Claremont Creek said that Sethi is “particularly enthusiastic about the potential of big data analytics and technology in advancing predictive diagnostics and personalized medicine.”

Accel Partners promotes two, expands London team

Accel Partners has promoted Philippe Botteri and Michiel Kotting to partner. Accel also has added three new vice presidents, two associates and an executive-in-residence. Accel’s team in London is now the largest it has had since it entered the European market in 2000. The personnel moves come after the firm closed its Accel London IV fund on $475 million last year.

Merck GHIF Names Krikston as managing director

Merck Global Health Innovation Fund, the venture arm of drug maker Merck & Co, has appointed Joel Krikston as a managing director. In his new role, Krikston will lead venture capital investments with a focus on digital healthcare innovations in areas adjacent to Merck’s core business of pharmaceuticals and vaccines.

Prior to joining Merck GHIF, Krikston was an investment principal at Johnson & Johnson Development Corp, where he was responsible for equity investments in support of J&J’s operating companies and emerging growth platforms.

Meeker joins Vulcan Capital

Seattle-based Vulcan Capital has hired Sean Meeker as an associate director. The appointment is effective in late February. Previously, Meeker worked at Goldman Sachs, where he most recently headed the loan and loan credit-default swap trading.

SV Life Sciences beefs up with appointments

SV Life Sciences has expanded its leadership team with several new additions. The life sciences venture firm named Eugene Hill as chairman, Paul LaViolette as managing partner and COO, Tom Flynn as managing partner and Hamish Cameron as operating partner. Also, James Garvey, who mostly recently served as chairman of the company, will become its chairman emeritus.

Sigal joins NEA’s healthcare team

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Elliott Sigal, New Enterprise Associates

Source: Photo courtesy of New Enterprise Associates

Elliott Sigal, New Enterprise Associates

New Enterprise Associates has named life sciences veteran Dr. Elliott Sigal as a venture partner and senior advisor to help augment the firm’s healthcare practice. Sigal is a former executive vice president and director at Bristol-Myers Squibb, where he served as the company’s chief scientific officer and president of R&D from 2004 to 2013.

Austin Ventures adds Stock as EIR

Austin Ventures has hired Greg Stock as an entrepreneur-in-residence, in which he will focus on software investments. Prior to joining Austin Ventures, Stock worked at Macheen as president and CEO and remains chairman of the company. Prior to that, Stock was chairman and CEO of Vovici, an Austin Ventures portfolio company.

Wong moves from GGV to Qiming

Qiming Venture Partners, a China-based venture firm, has hired Helen Wong as a partner focused on investments in the Internet and consumer sectors. Wong spent 11 years at GGV Capital and Venture TDF. She was an early investor in Tudou, which listed on the Nasdaq and merged with Youku at a valuation of more than $1 billion.

Qiming also announced the promotion of James Wang Qi to principal and Peter Mao Shengbo, Shiyu Wang, Roger Wu Jialu and Stella Zhou Lingfei to vice president.

Pappas Ventures promotes Weiner to partner

Pappas Ventures has promoted Scott Weiner, who joined the firm in 2006, to partner. Weiner played a key role in the firm’s successful investments in TESARO, Achillion Pharmaceuticals and Athersys. Prior to joining Pappas, Weiner was with Silverback Asset Management’s life science fund.

5AM Ventures bolsters team

5AM Ventures promoted Dr. Kush M. Parmar to partner and added Dr. Peter S. Kim as a venture partner. Previously, Parmar was at Harvard Medical School. Kim is a biochemistry professor at Stanford University School of Medicine.

Summit Partners hires executive partner

Summit Partners has hired Mark Crews as an executive partner. Previously, Crews worked at Lufkin Industries, where he served as senior vice president and general manager of the oilfield division.

The growth equity firm has promoted four of its staffers. Leonard Ferrington is now managing director, while Andrew Collins, Matthew Hamilton and Jay Pauley have been upped to principal. Ferrington and Collins are based in the firm’s Menlo Park, Calif. office. Hamilton and Pauley work out of Summit’s Boston-based office.

Insight Ventures Partners announces new venture partner

Insight Venture Partners has named Euan Menzies as a venture partner. Menzies is the former CEO of Vertafore. New York-based Insight invests in the software, internet and data services sectors.

Compiled by VCJ staff