Ms. Claudia Fan Munce is the Managing Director at IBM Venture Capital Group. She has held this position since March 2004 and is based at the firm’s California office. She is involved primarily in marketing and conference duties. Ms. Munce is also Vice President at IBM Corporate Strategy. She joined IBM Research Division in 1985 and held many technical and business leadership positions. Previously, she was the Functional Manager at IBM Research overseeing technology transfer and licensing activities as well as defining new business opportunities with top IBM partners. Ms. Munce is a Member of Advisory Board at lluminate Ventures. She is also a Member of the Advisory Panel of Arcapita Bank, Venture Capital Arm and Arcapita Ventures I, L.P. She is the Chairman of NVCA Corporate Venture Advisory Board for 2007/2008 and also serves on the Board of Latin America Venture Capital Association. Ms. Munce has done a M.S. in Electrical Engineering and Computer Science from Santa Clara University and an M.B.A. from Stanford University.