Lance Matthews has been promoted from principal, having initially joined the Deutsche Telekom-sponsored investment firm in 2016.

Lance Matthews has been promoted to managing director of growth equity at Deutsche Telekom Capital Partners (DTCP), the venture capital firm sponsored by Germany-headquartered telecommunications firm Deutsche Telekom.

Based in San Francisco, California, Matthews had been a principal at the firm since the start of 2020, having originally joined the investment team as an associate in November 2016.

Matthews’ most recent deals have included Arctic Wolf, the cybersecurity services provider that raised $150m at a $4.3bn valuation last week,…

James Mawson

James Mawson is founder and chief executive of Global Venturing.