Marcos Battisti, who used to oversee Intel Capital's Western Europe and Israel activity, is joining VC firm C5 Capital as it looks to raise a $150m cloud computing fund.

Marcos Battisti, formerly vice-president and head of Western Europe and Israel at Intel Capital, chipmaker Intel’s corporate venturing unit, will join UK-based venture capital firm C5 Capital next week.

C5 launched Europe’s first dedicated cybersecurity fund in 2014. Hiring Battisti, who is the first of several senior investors expected to join, is intended to help it raise a $150m fund focused on the cloud computing sector that will look to do five to 15 deals. He left Intel Capital earlier…