Tuesday, June 30, 2009

Maveron's Somberg off to Europe

Maveron's Debra Somberg has moved to Germany where her husband has accepted a faculty position at the University of Hamburg's medicine department. The former investment banker, who joined the Seattle venture capital firm in 2000 as a managing partner, plans to continue with the firm as a venture partner. In that role, Somberg will continue to advise companies and sit on boards.

(Too bad there's not a direct flight between Hamburg and Seattle). Somberg -- who before Maveron worked at Thomas Weisel Partners and Montgomery Securities -- sits on the boards of LiveMocha, OnRequest Images, GameLogic and other companies.

In a message to friends and colleagues, Somberg said she plans to use her time in Europe to "think about what I want to do next."

"I am excited about the opportunity to connect with interesting people, companies and investors in Europe," she said.

Maveron co-founder Dan Levitan said that the firm has added some bench strength in recent years -- namely Amy Errett in San Francisco and Clayton Lewis in Seattle.  

But Levitan said the firm -- co-founded by Starbucks chairman Howard Schultz in 1998 --  is "always looking to add great people at Maveron or our portfolio companies." 

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