VMware’s Carl Eschenbach Leaves for VC Firm

Mar 01, 2016

Carl Eschenbach, VMware's president and chief operating officer, is leaving the company to join storied venture capital firm Sequoia Capital as partner, sources tell Fortune.

VMware acknowledged his departure, but only said it was "to pursue other interests." Eschenbach's duties will be assumed by others at VMware, including Maurizio Carli, newly named executive vice president of worldwide sales.

Eschenbach has been with the server virtualization giant since 2002 and, as his corporate bio says, helped grow the Silicon Valley company's revenue from $31 million to more than $6 billion.

The news comes one week after Martin Casado, who led VMware's (vmw) network virtualization and security effort, announced his departure to join VC firm Andreessen Horowitz.

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VMware (vmw), is majority-owned by EMC (emc), which is being acquired in a $67 billion deal by Dell

In its statement, VMware said Eschenbach will continue to advise VMware chief executive Pat Gelsinger.

Update: Sequoia Capital is now confirming the hire.

"We're thrilled to have Carl join our team. He's one of the best go-to-market and business leaders in the world and will be a tremendous asset to our partner companies," said Sequoia partner Jim Goetz via email.

Note: This story was updated at 8:41 a.m. with Sequoia's confirmation.

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