Lisa Lambert, who most recently served as vice-president and managing director of Intel Capital’s Software and Services Fund and the Intel Capital Diversity Fund has joined the Westly Group (www.westlygroup.com) one of the leading sustainability funds in the US. Lisa is one of the most successful investors in Silicon Valley having generated top decile returns with 7 IPOs and 30 accretive M&A exits in her career. She 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. Lisa is also on the board of directors for the National Venture Capital Association (NVCA) . Lisa 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), to name a few.
“We are delighted to have someone of Lisa’s caliber join our firm”, said Steve Westly. “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.”
Lisa will focus on investing in high growth software, Internet and IoT companies for the Westly Group.
About Lisa Lambert: Lisa was just named the #1 Rising Star on an elite list of corporate venture capitalists by Global Corporate Venturing, a 10,000 member global organization of the corporate venture capital industry. Lisa is also founder/CEO and chairman of UPWARD, a professional non-profit organization focused on accelerating careers of female executives. Lisa joined Intel Capital in 1999. Prior to that, she held a Product Marketing Management position with Intel’s Desktop Products Group with responsibility for the Pentium II, III processor family. Prior to joining Intel, Lisa worked as a software engineer and in senior roles in strategic planning, product marketing, and sales at Owens-Corning. Lisa has an MBA from Harvard Business School and a Bachelor of Science in Management Information Systems from Pennsylvania State University. Lisa was selected from the top 600 executives at Intel to participate in the Executive Accelerator Program at Stanford University. She graduated from that program in August 2015.
About the Westly Group: The Westly Group is one of the larger sustainability venture capital firms in the US with over $300M under management. The company has had three portfolio companies go public on NASDAQ including Tesla Motors. The company was also an early investor in Revolution Foods, Greenwave Systems, Sentinel One and View Glass. The Westly Group has blue chip investors including Citibank, E.ON, the SK Group, RWE and the largest utility in the US.
The Westly Group was founded by Steve Westly. Steve was the former Chief Fiscal Officer and Controller of the State of California and helped take eBay public in 1998 as the Senior Vice President of Marketing, Business Development and International. Mr. Westly has extensive background in energy having worked at the Department of Energy in Washington DC and having had two books published on renewable energy. He also served on the faculty of Stanford’s Graduate School of Business from 1991 to 1995.