After nearly a decade heading Intel Capital's portfolio development efforts, Ran Kurup is taking an executive role at portfolio company MinIO.
Ran Kurup has left chipmaker Intel’s corporate venture capital unit, Intel Capital, to become chief corporate development officer for AI data startup MinIO.
Kurup led Intel Capital’s portfolio development as managing director, having taken on the role in 2016. He had previously held marketing manager and market development director roles at parent company Intel since 2005.
Intel Capital is also an investor in MinIO, backing its $20m series A round in 2017 and returning to lead a $103m series B five years later which valued it at $1bn. Kurup is tasked with accelerating its growth.
“MinIO sits at the intersections of data, AI and cloud-native transformation, three forces reshaping the enterprise,” Kurup said in a LinkedIn post. “The company’s architecture was built for this exact moment, as AI shifts the balance from compute to data.
“As CCDO, I’ll focus on accelerating MinIO’s growth across strategic markets and partnerships, helping enterprises harness the full power of their data with performance, sovereignty and scale.”
