UPDATED 22:23 EDT / OCTOBER 23 2018

EMERGING TECH

Former Microsoft Windows boss Terry Myerson becomes a venture capitalist

Former Microsoft Corp. executive Terry Myerson is joining the venture capital business about six months after announcing his departure from the Redmond-based software giant.

Myerson, a 21-year company veteran who most recently served as Microsoft’s executive vice president of Windows and Devices, quit the company in the summer after announcing plans to do so in March.

Now, following a short break during which he spent lots of time running, learning the piano and “strengthening personal relationships,” Myerson said Tuesday he’s ready to return to tech, joining not one but two investment firms: Madrona Ventures and The Carlyle Group.

In a blog post on LinkedIn, Myerson said he’s joining Madrona as a venture partner, while his new role at Carlyle Group sees him take on the title of operating executive. At Carlyle, he’ll be tasked with examining its investments in “large, global companies.” He said he hopes to be able to “contribute experience from operating large-scale technology teams.”

“Whereas Madrona likes to lead Series A rounds of brand-new ventures, Carlyle manages over $200 billion and considers investments of hundreds of millions of dollars (or more) behind strategies to scale existing great businesses,” Myerson said, explaining the differences between the two venture capital firms.

Madrona has been pretty successful when it comes to choosing which startups to back. Four of its portfolio companies, including Smartsheet Inc., Apptio Inc., Redfin Corp. and Impinj Inc. have launched initial public offerings in the last two years.

Myerson had headed up Microsoft’s Windows business since 2013, helping oversee the operating system’s evolution to Windows 10. His departure from the company prompted a major reshuffle of the Windows and Devices business, with some aspects falling under the new Experiences & Devices unit, and others going to Microsoft’s Cloud + AI group.

Myerson’s history at Microsoft actually dates back to 1997, when he became a part of its executive team after it bought out his first company, Interse. Over the years he led both Microsoft’s Exchange group and its Windows Phone business before taking over the Windows team.

Photo: Fortune Brainstorm Tech/Flickr

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