The head of Qualcomm’s venture capital arm has apparently left to join Microsoft’s venture capital operation.
Fortune Magazine reported on Jan. 22 that Nagraj Kashyap had left Qualcomm (Nasdaq: QCOM), adding Jan. 25 that he has landed at Microsoft (Nasdaq: MSFT). Neither company was available for comment Monday evening.
Qualcomm Ventures has invested in companies such as drone maker 3D Robotics, wireless fitness tracker Fitbit and virtual reality company Magic Leap, and many others whose names are less familiar.
In September, Qualcomm Ventures announced its plans to invest $150 million in startups from India.