Lai Joins Intel Capital

Former Institutional Venture Partners VP Carey Lai will join Intel Capital to work as an investment director in the corporate VC’s digital media division. Already, Carey led the corporate VC’s investment in Sweet Labs. Lai has also worked with Banc of America Securities.

STATEMENT:

Carey Lai is an Investment Director at Intel Capital focused on Internet & Digital Media investments. Carey joined Intel Capital from Institutional Venture Partners (IVP) where he was a Vice President focused on fast growing later-stage investments. While at IVP, he served on the board of MotoSport.com and led investments in both Synchronoss (SNCR) and ConnectAndSell. Other investments Carey actively participated in include ArcSight (HPQ), Business.com (DEXO), Concur (CNQR), Danger (MSFT), Data Domain (EMC), HomeAway (AWAY), Mobile365 (SAP), and SuccessFactors (SFSF). Carey also worked in the Technology Investment Banking Group at Banc of America Securities as a Financial Analyst focused on the Software and Financial Technology sectors. His transaction experience included offerings for some of the leading technology companies in the country, including Blackbaud Software (BLKB), Computer Associates (CA), Hewlett Packard (HPQ), Sungard Data Systems (SDS), and Tibco Software (TIBX). Earlier in his career, Carey worked at PricewaterhouseCoopers focused on the Software sector as well as at eBay in Business Development. Carey holds an M.B.A. from the Wharton School of Business at the University of Pennsylvania and a B.A. in International Economics from the University of California Los Angeles.