Baroda Ventures, a Los Angeles-based venture capital firm, has named Peter Lee as partner.
Baroda Ventures, a Los Angeles-based venture capital firm, has named Peter Lee as partner.
Immediately prior to joining Baroda Ventures, Lee (pictured) was with Prism Ventures, and his background in venture capital includes tenure at Clearstone Venture Partners.
The addition of Lee to the Baroda Ventures team heralds a new expansion for the firm, which concentrates on early stage investments-seed and series A-for Southern California-based projects with an emphasis in the technology sector. In particular, Baroda Ventures will identify outstanding opportunities in the areas of consumer internet, digital media, and SaaS.
‘I am excited about the vision and experience that Peter Lee brings to Baroda Ventures,’ says founder David Bohnett. ‘As an investor and venture capital strategist, he balances rigorous intellectual acumen and an open-minded, adventurous perspective, which are both invaluable assets. With his background in media and technology investing, Peter is an ideal fit for Baroda Ventures’ plans for growth going forward.’
Lee says: ‘It’s an exciting time to be investing in Southern California, and to do so with David Bohnett and Baroda Ventures is a remarkable challenge. Despite the general downturn, there are many interesting prospects, and the fact that the market seems to be under-capitalized from the venture perspective opens up a lot of fascinating opportunities. We’re looking for visionary entrepreneurs who are passionate about building successful businesses, and I think we’re in for an extraordinary ride.’
