Friday, March 20, 2009

Baroda Ventures Snags Lee As Partner

Beverly Hills-based Baroda Ventures, an early stage venture capital fund, has hired on Peter Lee as a new Partner at the firm. Lee joins the firm from Prism Ventures. Lee has also served at Clearstone Venture Partners, Fortis Partners, Goldpocket Interactive, and McKinsey & Co. According to Lee, his last day at Prism Ventures will be Monday. Baroda Ventures is the venture capital firm run by Geocities founder David Bohnett; the firm's investments have included LowerMyBills, Stamps.com, UnitedOnline, XDrive, and MediaVast. Lee said he is joining Baroda to restart the firm's investments in seed and Series A investments, primarily focused on Internet related businesses.

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