"I have accepted a new job as a managing partner with a Sand Hill Road based private venture capital firm. May 20th is my last day at Intel Capital."

Lisa Lambert and Marcos Battisti, vice-presidents at Intel Captal, left on Friday.

Lambert’s out of office email said: “I have accepted a new job as a managing partner with a Sand Hill Road based private venture capital firm. May 20th is my last day at Intel Capital.”

Lambert, who ran Intel’s $125m diversity fund and was a GCV Rising Star in January’s awards, is expected to say where her new firm is this week.

Wendell Brooks, president of Intel…