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Sapphire Ventures promotes execs to president, principal

Sapphire Ventures LLC promoted Jai Das to president and Laura Thompson to principal.

Das will work with CEO Nino Marakovic in managing the firm's investment strategy, while Thompson will still be focused on investing in technology-first venture funds while providing insights and guidance to Sapphire's OpenLP platform.

Sapphire is a Palo Alto, Calif.-based venture capital firm targeting early- and growth-stage venture funds and companies, respectively.