Flywheel Adds EIR

New Mexico-based Flywheel Ventures said today that it has added Lillian Montoya-Rael as an Entrepreneur-in-Residence at the venture capital firm. According to Flywheel, Montoya-Rael joins the firm from LMR Consulting, and also served as a Wealth Management Advisor at Citi Smith Barney. Montoya-Rael has also served at Los Alamos National Laboratory as its Director of the Community Programs Office, in addition to serving as the Deputy Director at the NM Commission on Higher Education and State Cash Manager at the NM State Treasurerís Office. In a related move, Flywheel said that Venture Partner Lawrence Chavez is now focusing on investments in southwest Texas, southern New Mexico and Mexico, and that it has promoted Yasine Armstrong to an Associate at the firm.