Wellington hires 3i digital media pro

The Munich-headquartered venture firm has hired Daniel Waterhouse, former 3i sector partner and corporate development executive for Yahoo!.

Daniel Waterhouse has left his role as a sector partner at 3i to join tech- and life sciences-focused venture firm Wellington Partners.

Waterhouse started at 3i in early 2006, focusing on its digital media and technology portfolios. He was involved with companies including mobile search engine taptu.com, travel site fastbooking.com and the website for luxury lingerie brand Agent Provacateur.

From 1999 to 2005 he was based in the London office of Yahoo!, where as a part of its corporate development team he was “involved deeply in the acquisitions of Kelkoo and Zed”, Wellington said in a statement.

This week, Wellington co-led with TVM Capital a €4.5 million ($6.3 million) funding round for medical device company invendo medical.

In August, it added LinkedIn co-founder Eric Ly to its six-person Silicon Valley team, which includes Oracle vice president George Colliat and serial web entrepreneur Loïc Le Meur.

The 11-year-old firm manages €800 million in capital and maintains offices in London, Munich, Zurich and Palo Alto, California.