That s a loss for Intel, as Lambert was managing director of Intel Capital s Software and Services Fund as well as the Intel Capital Diversity Fund.Last June, Lambert was the executive who announced the Intel Capital Diversity Fund in a press conference that included Intel CEO Brian Krzanich.

We ve asked Intel for a comment.Lambert has 16 years of venture experience, and she was associated with investments that yielded seven initial public offerings and 30 acquisitions, Westly Group said.Westly Group is focused on investments related to sustainability.

Lambert will focus on investing in high growth software, Internet and Internet of Things companies for the Westly Group.Lambert serves on the board of directors for Silkroad Technology, Brit Co, and Mark One and is a board observer for Urban Airship, Kaltura, and Fonality.She is also on the board of directors for the National Venture Capital Association NVCA .

Lambert has invested in and helped grow some of Silicon Valley s biggest technology successes including: VMware IPO , MySQL acquired by Sun Microsystems , Endeca acquired by Oracle , DATAllegro acquired by Microsoft , JBoss acquired by Red Hat , Joulex acquired by Cisco , X 1 acquired by Rocket Fuel , TOA Technologies acquired by Oracle , and Nexmo acquired by Vonage .

We are delighted to have someone of Lisa s caliber join our firm , said Steve Westly, in a statement.

It s no surprise that someone who was once a Division I college athlete and team captain, has become one of the best coaches for young start-ups in Silicon Valley.

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