Max Straube is overseeing investments and will work with Bart Shigemura, head of Alcatel-Lucent Ventures.

Jay Jamison joined BlueRun as a venture partner in November and will work alongside former Nokia veteran Kari-Pekka "K-P" Wilska.

Monsanto seeds relationship by partnering with venture capital firm Atlas Venture.

Joining alongside Brackeen as managing director (MD) at Citigroup are Ramneek Gupta from Battery Ventures and Arvind Purushotham from Menlo Ventures.

Craig Elson said: "Partnering with CAA and IPC gives Star an incredible range of branding, marketing, and business development resources.

Austin Ligon becomes non-executive chairman having been a director of Gazelle since 2007 after previously leading car retailer CarMax.

NVCA's new chairman, Paul Maeder, says corporate venturing has a role to play, but the biggest bugbear for venture capital firms about its peers comes from relatively slow sign-offs of legal or financial documentation for portfolio companies.

David Phillips, a partner at SR One, said: "Christoph [Westphal] will transition out over next several quarters. He will assist in finding a long-term replacement and will continue to be supported by myself running Europe and Brian Gallagher running the US. Overall message is 'business as usual'."

Tice succeeds founding CEO Sam Goldman D.light Design, who has been named chief customer officer.

Edward Robinson remains executive president of BMW Financial Services, Americas Region, after taking over as president of BMW i Ventures.