CMEA Ventures of San Francisco has named Faysal Sohail as a venture partner. Prior to joining CMEA, Sohail was CEO of Cadabra Design Automation and managed its acquisition by Numerical Technologies, where he served as senior vice president of worldwide field operations.
J. Craig Venter has stepped down as president of Celera Genomics. Venter led the company through its much-publicized sequencing of the human genome, but is leaving the post so that a replacement can lead Celera further “downstream” into pharmaceutical development. Venter, who helped found The Institute for Genomic Research (TIGR), plans to spend more time working as chairman of the organization. Applera CEO Tony White will serve as interim president of Celera until a replacement for Venter can be found.