Setpoint Announces $43 Million Series A Led By Andreessen Horowitz To Deliver Next Generation Infrastructure For Asset-Backed Lending
Setpoint closed a $43M Series A led by Andreessen Horowitz with participation from Henry Kravis (KKR), Spencer Rascoff (co-founder Zillow & 75andSunny), Fifth Wall, 645 Ventures, NextView Ventures, LiveOak Venture Partners, Vesta Ventures, ATX Venture Partners and Capital Factory.....Read more
1Password Acquires Passage Identity to Power a Passwordless Futurepost
1Password, a leader in human-centric security and privacy, today announced the acquisition of Passage, a developer-first passwordless authentication company. 1Password will use Passage's technology to launch a passwordless authentication platform for enterprises – enabling a safer, simpler, and more secure end-user experience across any platform or device...Read more
UT Alumni flourish in Austin’s venture capital ecosystem, give back
When Venu Shamapant and Krishna Srinivasan graduated with their master’s degrees from UT in 1990 and 1995, they never envisioned becoming venture capitalists, holding the ability to invest in potentially high-impact startups. However, the two spent the past decades running one of Texas’ most successful venture capital firms....Read more
Austin sees drop in venture capital dollars as worries about economy grow
The flow of venture capital to Austin startups has slowed abruptly as investors take a step back amid economic uncertainty and recession fears. Austin companies raised $701 million in the third quarter of 2022, marking a 30% drop from the same quarter a year ago, according to a new report by research firm Pitchbook and the National Venture Capital Association....Read more
LiveOak Venture Partners Named to Inc.’s 2022 List of Founder-Friendly Investors
AUSTIN, Texas--(BUSINESS WIRE)--LiveOak Venture Partners, an Austin-based venture capital firm that focuses on early-stage tech startups across Texas, announced today that it has been named on Inc.’s list of Founder-Friendly Investors for 2022, honoring the private equity and venture capital firms that have helped founder-led businesses thrive....Read more
LiveOak Venture Partners Welcomes Paola Retes to the Investment Team
LiveOak Venture Partners, an early-stage venture capital firm based in Austin, Texas, is delighted to announce the expansion of its investment team with the addition of Paola Retes as Vice President. This addition to the team coincides with the launch of the firm’s third fund, a $210M fund focused on early-stage companies based in Texas...Read more
Closinglock Announces $4M in Funding led by LiveOak Venture Partners
ClosingLock, an Austin startup that has developed a secure platform to close real estate transactions, announced Tuesday it has raised $4 million in a seed funding round led by LiveOak Venture Partners with participation from RWT Horizons and GTMfund...Read more
Austin’s 2022 A-List Award Winners Announced
On Wednesday, August 3 the Austin Chamber in partnership with SXSW held the 11th Annual A-LIST Awards. This event is designed to recognize homegrown companies in various growth stages. These companies are developing new ways to connect with customers while transforming their industries and creating a robust culture for their employees. For the first time this year, the A-LIST Awards also honored Investors of the Year....Read more
Unlocking trillions of homeowners equity by democratizing access to real estate investing; Or why we invested in Nada
For more than 20 years, our investment philosophy has been to serve as lead investors in backing exceptional Texas-based entrepreneurs disrupting massive industries, in their first institutional rounds. Applying this philosophy, we have doubled down on leading early stage investments in companies that have subsequently become industry leaders in the nexus of real estate....Read more
You can’t afford a house, but you can probably afford Nada
Nada, a Dallas-based fintech platform whose goal is to widen access to real estate wealth. The company offers index-like real estate investment products called “Cityfunds” that allows anyone, including non-accredited investors, to buy into a city’s home equity market with a minimum of $250 dollars, CEO and co-founder John Green told TechCrunch....Read more
Chainguard raises $50M to guard supply chains
Chainguard, a startup that focuses on securing software supply chains, announced today that it has raised a $50 million Series A funding round led by Sequoia Capital. Amplify, the Chainsmokers’ Mantis VC, LiveOak Venture Partners, Banana Capital, K5/JPMC and CISOs from Google and Square, among others, also participated in this round....Read more
Fresh faces, fresh billions: Austin's venture capital ecosystem looks way different than a couple of years ago
To understand the recent growth of venture capital in Austin, it's important to look to the past for context. Srinivasan has had a front row seat to the transformation. He came to Austin in 2000 and got involved in funding startups with Austin Ventures, at the time one of the biggest and most active VC firms in the world. After that firm began winding down its startup investments, Srinivasan co-founded LiveOak in 2012....Read more
FloorFound grabs more capital to grow its oversized recommerce business
The round was co-led by Next Coast Ventures and LiveOak Venture Partners with participation from existing investors Flybridge Capital Partners and Schematic Ventures and new investor Data Point Capital. Richter told TechCrunch that the funding comes as more people are interested in purchasing resale....Read more
Backflip Announces $35 Million in Funding to Support Entrepreneurs Reinvigorating the Housing Supply
Backflip, a real estate and fintech startup improving how entrepreneurs invest in residential properties, announces an $8 million equity seed round co-led by Vertical Venture Partners (VVP) and LiveOak Venture Partners (LiveOak) with participation from Revel Partners, Great Oaks VC, and Greg Waldorf, former founding investor and Board Member at Trulia and Zillow....Read more
Austin emerges as a city of unicorns and tech giants
Austin made headlines in 2021 for being “the place” for startup founders and venture capitalists alike to set up shop. That’s why TechCrunch has chosen to shine a spotlight on the city with a special episode of TechCrunch Live centered on the growing startup scene in Austin, Texas. As Austin’s skyline expands, the city continues to solidify its standing as a tech hub. And the numbers are there to back it up....Read more
LiveOak Announces Partner Promotions After the Successful Close of $210M Fund III
LiveOak Venture Partners, an early-stage venture capital firm based in Austin, Texas, is pleased to announce the promotion of Creighton Hicks and Mike Marcantonio to Partner.....Read more
LiveOak Venture Partners’ Third Annual Giving Program Raises $250,000 for Nonprofit Organizations
For the third year, LiveOak Venture Partners has spearheaded the LiveOak Gives program to support nonprofit organizations. This year, LiveOak Gives Program is giving $250,000, the highest in the history of the program, which donated $200,000 in 2020 and $174,000 in 2019....Read more
Austin becomes hub for 'proptech' companies that are shaking up the real estate world
LiveOak was the first investor in three major Austin proptech companies OJO, Homeward and Opcity, and is working with a startup that is currently in stealth mode, Srinivasan said Austin's combination of deep real estate expertise and its technical talent have made it a break-out player in real estate tech, and the firm is looking for future investments here....Read more
Method’s journey into debt repayment rails
We are excited to announce that Method has raised $2.5 million in a pre-seed round from Y Combinator, Ardent Venture Partners, LiveOak Venture Partners and a slew of VCs and angel investors, including Haroon Mokhtarzada (CEO & co-founder at Truebill), Val Gui (VP Product at Upstart), and others....Read more
Something You Are Is Greater Than Something You Know, or Why We Invested in Passage
Passwords are the leading cause of data breaches and the most likely path to account takeovers. In addition to the security concerns, passwords are hard to manage and create user friction that has direct topline impact. By some accounts, over a third of online purchases are abandoned due to forgotten passwords. Despite these drawbacks authentication hasn’t meaningfully changed since Web 1.0....Read more
Passage Raises $4M to Help Developers Bring Biometric Authentication to the Masses
Passage, an innovator in the rapidly growing passwordless identity space, today emerged from stealth announcing the availability of its public beta along with $4 million of new funding led by LiveOak Venture Partners with participation from Next Coast Ventures, Tau Ventures, Secure Octane, and various angel investors. Passage takes a developer-first and biometric-first approach to passwordless authentication, enabling users to log in to web applications with Face ID, Touch ID, Windows Hello, and other biometrics built into their devices....Read more
Datto Acquires Cybersecurity Company Infocyte
Datto Holding Corp. (Datto) (NYSE:MSP), the leading global provider of cloud-based software and security solutions purpose-built for Managed Service Providers (MSPs), today announced that it has acquired threat detection and response company Infocyte, extending Datto’s security capabilities that protect, detect, and respond to cyberthreats found within endpoints and cloud environments....Read more
Aledade Acquires Advance Care Planning Company Iris Healthcare as Part of New Health Services Arm
Aledade, the leading primary care enablement company, announced today that it has acquired Iris Healthcare, the best-in-class provider of Advance Care Planning (ACP) solutions for tens of thousands of patients across the country.....Read More
LiveOak Venture Partners takes in $210m aimed at Texas entrepreneurs
LiveOak Venture Partners raised its largest fund to date, $210 million for Fund III, which will enable the Austin-based, early-stage venture capital firm to double down on Texas founders....Read more
LiveOak and DISCO partnership
"Krishna Srinivasan has been absolutely amazing to work with at every stage of the journey. He's had great ideas about everything from pricing, to building out the executive team, to our GTM strategies……I couldn’t have asked for a better partner in building the business." - Kiwi Camara, CEO DISCO....Watch video
Mavenir acquires CPaaS specialist Telestax
By Ray Le Maistre
Mavenir has once again opened its wallet to accelerate its portfolio development with the acquisition of existing partner Telestax, a Communications Platform as a Service (CPaaS) technology specialist, for an undisclosed sum....Read more
Mandiant’s Advantage Platform To Get A Boost With Intrigue Acquisition
By Kyle Alspach
FireEye-owned Mandiant on Tuesday announced it has acquired attack surface management startup Intrigue in a move to bolster the Mandiant Advantage software-as-a-service platform....Read more
BrandMaker Acquires Marketing SaaS Solution Hive9
AUSTIN, Texas, Sept. 8, 2021 /PRNewswire/ -- BrandMaker, a leading innovator in Marketing Operations and Marketing Resource Management (MRM) software solutions, today announced it has acquired Hive9, a leading Marketing Planning, Budgeting and Performance Management SaaS solution....Read more
Plano’s AmplifAI Closes $18.5M in Series A Funding to Boost Its People Enablement Platform
Plano-based AmplifAI, an artificial intelligence startup dedicated to improving employee satisfaction, has closed on an $18.5 million round of Series A funding led by Greycroft, a seed-to-growth venture capital firm located in New York and Los Angeles...Read more
Osano, a risk and compliance startup, raises $11M
Osano, a risk and compliance startup, has confirmed it has raised $11 million in new funding. The round was led by Jump Capital, with participation from existing investors LiveOak Venture Partners and Next Coast Ventures. The Austin, Texas-based company describes the round as a Series A-1, following a $5 million Series A raise in 2019, just months after it debuted at TechCrunch Startup Battlefield. In total, the startup has raised $22.3 million....Read more
Austin software maker Eventus lands $30 million to continue growth
Financial services software firm Eventus Systems has landed $30 million to expand its technology and grow its workforce....Read more
RealWork Labs lands strategic investment from LiveOak Venture Partners to further fuel expansion and advance development across digital products
AUSTIN, Texas, Sept. 9, 2021 /PRNewswire/ -- RealWork Labs, a pioneer in helping Home Service companies improve their web presence and generate hyperlocal leads via their software solution, announces, that it has closed $2.5 million in funding led by LiveOak Venture Partners as well as added Krishna Srinivasan (co-founder of LiveOak Venture Partners) and John Berkowitz (EY Entrepreneur of the Year, Founder and CEO of OJO Labs, and Co-Founder of Yodle) to the board of directors....Read more
ConverseNow is targeting restaurant drive-thrus with new $15M round
One year after voice-based AI technology company ConverseNow raised a $3.3 million seed round, the company is back with a cash infusion of $15 million in Series A funding in a round led by Craft Ventures.
Joining Craft in the Series A round were LiveOak Venture Partners, Tensility Venture Partners, Knoll Ventures, Bala Investments, 2048 Ventures, Bridge Investments, Moneta Ventures and angel investors Federico Castellucci and Ashish Gupta. This new investment brings ConverseNow’s total funding to $18.3 million, Vinay Shukla, co-founder and CEO of ConverseNow, told TechCrunch....Read more
From a cold email to an IPO: DISCO, a story of domain strength, grit, collaboration, and serendipity
by Krishna Srinivasan, Chairman of the Board, DISCO and co-Founding Partner, LiveOak Venture Partners
In October 2013, we received a cold email – it had all the elements on first glance that begged to be ignored. The email came from a person named “CeCe” who talked about a founder called “Kiwi” and a company called “DISCO” in the legal tech space, which was also a category that did not have a history of great companies or large outcomes. But, boy, am I glad that we did not ignore that email!...Read more
LitLingo Draws Investors for AI-Driven Communications Checker
Breyer Capital led the $7.5 million Series A round, betting that tools to review workplace communications to curb risks will thrive in a hybrid environment
LitLingo Technologies Inc., a startup that aims to improve online communications among co-workers, has won new investor backing as it gears up for the long-term adoption of remote work.
The Austin, Texas-based startup tapped technology investor Breyer Capital to lead its $7.5 million funding round, which was joined by former International Business Machine Corp. chief executive Sam Palmisano. This follows a $2 million seed round in January 2020 led by LiveOak Venture Partners, which participated in the new financing...Read more
Why entrepreneurs, venture capitalists are flocking to Austin
A Google search + a cold email = Austin lands another promising startup
That's the equation that played out for Disco, an e-discovery company with a software platform that helps lawyers discover and manage evidence. The startup was born out of Kiwi Camara's Houston law office. Once Camara and his team began further developing legal software, he decided he'd need to raise venture capital to succeed. He initially pitched Austin Ventures, at a time when it had already mostly stopped its early-stage investment.
Then, he Googled "Austin VC" and spotted LiveOak Venture Partners and ended up filling out an online contact form...Read more
MedScout Announces $800k Pre-Seed Round
MedScout, a revenue intelligence platform focused on enabling the sales teams at medical device, pharmaceutical, and home health companies, announces that it has closed an $800k pre-seed round led by LiveOak Venture Partners. Chuck Gordonand Mario Feghali (co-founders of Storable) and Austin-based growth leader/angel investor Luke Fernandez also participated in the round. The company will use the funds to expand product development and build early go-to-market momentum...Read more
Homeward secures $371M to help people make all-cash offers on houses
Trying to buy a house in a competitive market is perhaps one of the most stressful things an adult can go through.
Competing with a bunch of people all putting offers on a house that fly off the market in a matter of days is not fun. One startup that is trying to give home buyers a competitive edge by giving them a way to offer all cash on a home has just raised a boatload of money to help it keep growing.
Austin-based Homeward, which aims to help people buy homes faster, announced today it has raised $136 million in a Series B funding round led by Norwest Venture Partners at a valuation “just north of $800 million.” The company has also secured $235 million in debt....Read more
Dallas startup looking to shake up health insurance raises $12M
A Dallas company landed more funding as it looks to use its technology smarts to help encourage a new approach to health insurance.
Take Command Health has raised $12 million in a Series A investment, CEO Jack Hooper said in an interview. That brings the overall funding at the startup to more than $17 million...Read more
Richardson tech company getting $500M investment after backing off IPO
A Richardson company landed a deal for $500 million in funding.
Mavenir, a company that provides software for wireless technology, has an agreement for a strategic minority investment from Koch Strategic Platforms, a subsidiary of Koch Investments Group, according to a statement Wednesday. Affiliates of Siris Capital Group LLC, a technology-focused private equity firm, will remain majority equity holders...Read more
Virdee Receives Strategic Financing from SaaS Investors
Enterprise security platform Intrigue expands attack surface management with $2M round
Security startup Intrigue.io has raised $2 million from LiveOak Venture partners to accelerate product development for its attack surface management (ASM) platform. Intrigue developed an open source approach for discovering and investigating vulnerabilities across mobile, work-from-home, and cloud infrastructures...Read more
6 VCs talk the future of Austin’s exploding startup ecosystem
For years now, a growing number of tech companies — large and small — have either relocated their headquarters to Austin or opened another office or campus in the Texas capital. They’ve been drawn to the city for a number of factors, including its laid-back lifestyle, no state tax, a business-friendly environment and lower cost of living (for now).
The impact on the city’s startup ecosystem is noticeable in the growing number of entrepreneurs (many of whom worked at some of the tech giants that have a big presence in the city) and investors calling Austin home.
Most recently, Tesla’s plans to build a gigafactory in the city and Oracle’s announcement that it was relocating its headquarters here have made national headlines...Read more
Diversity-Focused College Counseling Platform SchooLinks Raises $8 Million Series A
Every November, the Dallas Independent School District’s 10,000 eighth grade students spend a week mapping out potential career paths through the Open Choice Application. This process informs where they should spend the next four years: at a traditional high school, early college, p-tech, career institute, dual language school or elsewhere. All of this self-discovery happens on SchooLinks, a career and college counseling platform aimed at ensuring success for students of any ambition by empowering teens who may not be suited for four-year colleges—as well as those who intend to pursue university education. On Monday, SchooLinks announced it raised an $8.3 million Series A led by LiveOak Venture Partners...Read more
FloorFound Lands $4M Seed To Resell Oversized Retail Returns
If you ever buy an oversized piece of furniture online that you need to return, FloorFound may be the company behind the return. Chris Richter and Ryan Matthews started FloorFound with a mission to keep these oversized goods from finding their way to landfills by transforming returns into resales.
“E-commerce penetration grew to 30 percent during the global pandemic, and we will never shop in the same way as in the past,” CEO Richter told Crunchbase News. “No one has focused on the oversized returns of that 30 percent, which accounted for more than $92 billion of revenue last year.”....Read more
LoudCrowd Lands $2.2M To Enable Customer-led Growth For Brands
LoudCrowd is tapping into user-generated content to enable brands to attract and retain customers. The Austin-based company raised $2.2 million in seed funding in a round led by LiveOak Venture Partners, with participation from existing investor Active Capital and angel investors including Steve Schaffer. In total, LoudCrowd has raised about $2.28 million in funding, which includes a pre-seed round in late 2019...Read more
Deloitte's 2020 Technology Fast 500 Rankings
Two LiveOak Portfolio Companies ranked in Deloitte's Tech Fast 500 - OJO Labs #29 (1st in Texas) and Disco (#181)... Read more
Supply Drop emerges from stealth already funded and with hundreds of customers
If ever there were a pandemic-perfect startup solution, it would be Austin-headquartered Supply Drop.
But CEO Andrew Busey and Chief Operating Officer April Downing, co-founders and luminaries of Austin’s startup ecosystem, actually founded Supply Drop Online Inc. in July 2019 — many months prior to the coronavirus’ onset...Read more
Austin startup Disco raises $60M for legal software
Legal-technology startup CS Disco Inc. has secured another eight-figure funding, less than two years after its last one.
The Austin-based company announced Oct. 15 a $60 million equity funding round that values the company at $785 million...Read more
Cloudera acquires Eventador to accelerate Stream Processing in Public & Hybrid Clouds
We are thrilled to announce that Cloudera has acquired Eventador, a provider of cloud-native services for enterprise-grade stream processing. Eventador, based in Austin, TX, was founded by Erik Beebe and Kenny Gorman in 2016 to address a fundamental business problem – make it simpler to build streaming applications built on real-time data...Read more
More Than Words: LitLingo Secures $2M Seed To Manage Electronic Communications
LitLingo closed on its first institutional funding of $2 million in seed round capital Monday to help organizations minimize risks associated with electronic communications. LiveOak Venture Partners led the investment, and founding Partner Krishna Srinivasan will join LitLingo’s board of directors...Read more
Austin-based Ceresa Lands $1 Million for its Data-Driven Leadership Development Platform
Ceresa, a leadership development platform, announced Wednesday that it has raised $1 million in seed funding. Austin-based Next Coast Ventures and LiveOak Venture Partners led the round.
Ceresa plans to use the funds to expand product development. It has created a data-driven, personalized program called the Ceresa Leadership Accelerator that provides 100 percent virtual coaching, mentoring, and support for startups to Fortune 500 companies...Read more
Dallas health insurance startup Take Command Health lands $2M funding round
The pandemic has exposed a number issues in the country’s health care system. And this has created the opportunity for a local startup developing a solution to grow during the current crisis.
Dallas-based Take Command Health, a health insurance reimbursement arrangement administrator and software solution, announced closing on a $2 million bridge funding round led by Austin-based VC firm LiveOak Venture Partners that will help it grow its team, software and services...Read more
Austin cybersecurity startup Spyderbat raises $4.2 million
Austin-based cybersecurity startup Spyderbat said Wednesday that it has raised $4.2 million to accelerate development and launch its product.
The funding was led by LiveOak Venture Partners and Benhamou Global Ventures...Read more
Austin’s Riders Share Lands $2M Series A
Peer-to-peer motorcycle marketplace startup Riders Share has raised $2 million for its Series A, the company announced Wednesday.
The round, which was led by LiveOak Venture Partners, will help the Austin-based company expand its team and speed up its product development...Read more
Austin’s OJO Labs Raises $62.5 Million and Buys Movoto
Artificial Intelligence Real Estate Firm OJO Labs Raises $62.5 Million, Buys Home Listing Site
Having closed a fourth round of funding, OJO Labs, a real estate company that deploys artificial intelligence to the home buying experience, announced today the acquisition of home listing website Movoto.
Austin, Texas-based OJO Labs, known for its proprietary personal assistant technology that blends machine learning and human operations, raised $62.5 million in a Series D financing round...Read more
LiveOak Venture Partners Announces Key Hire
LiveOak Venture Partners, an early-stage venture capital firm based in Austin, Texas, today announced a new key hire with the addition of Creighton Hicks as Principal. He will be responsible for sourcing new deals and driving new investments, in addition to supporting LiveOak’s growing portfolio...Read more
Austin-Based Real Estate Startup Homeward Secures $105M In Debt & Equity
Homeward, an Austin-based real estate startup that aims to help people buy homes faster, announced this morning that it has secured $105 million in funding.
The 18-month-old startup raised $20 million in equity in a round led by Adams Street Partners that included participation from Javelin Venture Partners and existing backer LiveOak Venture Partners. Homeward also closed on $85 million in debt financing from multiple unnamed institutional lenders...Read more
Austin’s Homeward raises $105 million to buy your new home for you
Austin-based company Homeward was founded by a former real estate agent with a deceptively simple premise.
Homeward, which has just raised $20 million in equity funding from Adams Street Partners and another $85 million in debt from undisclosed lenders, pitches a plan where the company will loan money to would-be homebuyers equal to the amount of their home equity so these buyers can make an all-cash offer to purchase their next home. The company also makes a “floor-price” guarantee on the existing home if the owners aren’t able to sell the property for full market value...Read more
Real estate-tech startup Homeward scores $105M in debt and equity funding
Homeward Inc., an Austin real estate-technology startup founded by CEO Tim Heyl in 2018, announced May 14 it had obtained $105 million worth of capital.
The bulk of that funding, $85 million, was in new debt from multiple institutional lenders. Chicago-based Adams Street Partners LLC led the $20 million equity portion of the funding, with participation by Austin venture capital firm LiveOak Venture Partners and San Francisco-based Javelin Venture Partners....Read more
Homeward Secures $105M, Will Empower Agents to Let Their
Homeward today announced it has secured growth capital of $105M, including $20M in equity and $85M in debt. The $20M of equity financing was led by Adams Street Partners, with additional participation by Javelin Venture Partners and LiveOak Venture Partners. The $85M in debt was secured from multiple institutional lenders...Read more
ConverseNow’s New Funding Will Help Restaurants Increase Sales, Contactless Offerings
In this COVID-19 environment, many quick-service restaurants (QSRs) are touting a “contactless” customer experience when ordering and receiving food.
As more QSRs adopt this as the “new normal,” ConverseNow Technologies Inc., an Austin, Texas-based startup, is poised to meet the demand with its platform that automates and personalizes restaurant orders on high-volume call channels using artificial intelligence...Read more
ConverseNow Raises $3.25M to Drive Restaurant Revenue Using Contactless Ordering
ConverseNow Technologies, Inc., an Austin-based startup that automates and personalizes restaurant orders on high-volume voice channels using Artificial Intelligence (AI), today announced $3.25M in seed round funding led by Bala Investments with participation from LiveOak Venture Partners, Tensility Venture Partners, Knoll Ventures, 2048 Ventures, Bridge Investments and Connexus...Read More
Eventus Systems names four professionals to key positions, including CFO and VP of Engineering
Perry Barth, Dan Burton, Nolan Schiff, Sharad Kumar bring 80 years of experience, including in finance, markets, technology...Read more
Press Ganey Acquires NarrativeDx; Expands Ability to Provide Consumer Insights
Press Ganey today announced the acquisition of NarrativeDx, the leading provider of artificial intelligence solutions to drive health care performance improvement. NarrativeDx’s proprietary artificial intelligence and natural language processing technology enables health systems to humanize comment data from patients and employees, translating massive volumes of critical feedback into actionable insights that can be used to transform the health care experience...Read more
Eventus Systems Raises $10.5 Million in Series A Funding Round
Austin-based Eventus Systems, Inc., a multi-award winning global trade surveillance and market risk software platform provider, announced that the firm has just raised $10.5 million of growth capital in a Series A investment round. Investors included a range of venture capital and financial services organizations, led by Chicago-based Jump Capital and Austin-based LiveOak Venture Partners...Read more
4 Accomplished Austin Startup Leaders Join LiveOak’s Venture Advisory Team
One of Austin’s most active venture capital firms is building up a new advisory program, and it has locked in four Austin startup executives to lead the way.
LiveOak Venture Partners said its new Venture Advisors program is a more aggressive approach to what the firm is already doing as it advises portfolio companies and helps identify opportunities...Read more
LiveOak Venture Partners Launches Venture Advisors Program with the Addition of Four Key Executives
LiveOak Venture Partners, an early-stage venture capital firm based in Austin, Texas, announced today the launch of their Venture Advisors Program, with four notable tech industry executives coming on board. The Venture Advisors boast a cumulative 12 decades of tech industry experience spanning executive leadership and deep functional expertise in finance, sales, marketing, growth, and engineering and will provide crucial guidance in these areas to the rapidly growing LiveOak Portfolio...Read more
Mercado Labs Gets $3.2M in Seed Funding for Global Supply Chain’s ‘First Mile’
Dallas-based Mercado Labs, a startup working to transform the global supply chain by digitizing the first mile, has closed a $3.2 million seed funding round led by Austin-based LiveOak Venture Partners...Read more
Austin Reaches Top 10 In US Venture Markets With Record Funding In 2019
2019 was a good year for Austin.
Companies, big and small, continued to flock to the city in droves. Several venture capital firms based in Austin announced nine-figure funds, a new unicorn was born, and venture funding hit record numbers. Plus, those venture rounds included more global investors than ever....Read more
Osano, a risk and compliance startup, raises $5M in Series A
Risk and compliance startup Osano, which earlier this year debuted on the Battlefield stage at TechCrunch Disrupt SF, has raised $5.4 million in its Series A round.
The company told TechCrunch that the round was led by LiveOak Venture Partners and Next Coast Ventures, both of which invested in the company’s seed round. Its Series A fundraise also included participation from several individual investors, putting Osano’s total amount raised to date at $8.4 million...Read more
Journal Profile: Austin venture capitalist Krishna Srinivasan
By Mike Cronin – Staff Writer, Austin Business Journal
Dec 13, 2019, 6:54am CST Updated Dec 13, 2019, 8:56am CST
If it weren’t for mechanical engineering, we all might know Krishna Srinivasan as a Bollywood star.
At the ages of 16 and 17, the founding partner of Austin investment firm LiveOak Venture Partners had an acting role on the “top-rated TV sitcom in India,” Srinivasan said.
Back then, only one TV channel existed in India, he said. “So everyone had to see it. There's nothing else to see. And so I had a choice of doing one of two things: a couple of movies or go to the best engineering school in India. So I chose the latter and the rest is history.”...Read more
Ediscovery Veteran Melanie Antoon Joins DISCO as Vice President of Professional Services
TalentGuard Focused on Growth with Chief Revenue Officer and Chief Financial Officer Hires
TalentGuard, the predictive people development SaaS platform today announced the addition of two experienced enterprise SaaS executives to its growing leadership team. Former SVP of Sales at SilkRoad Technology Sam Gillen joins as Chief Revenue Officer and former Director of the Startup Services Division at Bridgepoint Consulting Pete Pearson joins as Chief Financial Officer to help meet demand for its solutions...Read more
DISCO Expands Leadership Team to Accelerate Aggressive Company Growth and Momentum
To keep pace with its exploding global growth and new client acquisition, legal technology leader DISCO today announced four new additions to its leadership team...Read more
DISCO Recognized as One of the Fastest Growing Companies in North America on Deloitte’s 2019 Technology Fast 500™
Legal technology leader DISCO today announced its listing on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America, now in its 25th year...Read more
Zain Jordan Partners with Telestax
Leading mobile telecom innovator across the Middle East and North Africa announces strategic partnership with Telestax.
Using Telestax technology, Zain Jordan will now deliver rich application programming interfaces (APIs) for enterprise omnichannel digital transformation to organizations across the country....Read more
Razberi Technologies Raises $5.8 Million in Funding
Razberi Technologies, a leading provider of simple, secure video surveillance and IoT solutions, announced today an investment of $5.8 million led by LiveOak Venture Partners, a venture capital fund based in Austin, Texas. LiveOak will invest in participation with Chartline Capital Partners and other investors including the family offices of industry leaders Ken Boyda and Jiri Modry...Read more
Austin's Best CEOs: John Berkowitz of OJO Labs
John Berkowitz is truly a multitasker. In addition to leading a thriving Austin startup, he's also running one in the Caribbean.
Berkowitz is CEO and co-founder of OJO Labs, which is making artificial intelligence chatbots that help with the home-buying process...Read more
Austin’s Osano aims to reshape data privacy field
Serial entrepreneurs Arlo Gilbert and Scott Herel were troubled by what they saw last year when Facebook founder Mark Zuckerberg testified in a congressional hearing focused on how the social media giant allowed a political data-mining firm to collect data from about 87 million people...Read more
Tech Sales Expert Mike Taylor Joins Razberi Technologies as VP of Sales
Mike Taylor joins Razberi™ Technologies as VP of Sales to accelerate its growth in the video surveillance security arena. He brings more than 20 years of technology sales experience to the role and a breadth of reseller and integrator knowledge...Read more
Don’t Boil the Ocean and Other Words of Advice from Austin VCs to Entrepreneurs
Venture capital investment in Austin has been on the rise.
VC funding hit $1.3 billion in 2018, the highest on record since the dot-com boom in 2000, according to the MoneyTree Report from PwC and CB Insights. That’s up 70 percent from $783 million in 2017....Read more
Greycroft and LiveOak Venture Partners Lead $3M Seed Funding Round for CyberFortress
Chief executive Huw Edwards announced Wednesday CyberFortress had closed a $3 million seed funding round co-led by New York-based private equity firm Greycroft and Austin-based LiveOak Venture Partners.
Monte Tulum Capital, which had invested in CyberFortress’s pre-seed round, is also participating in the latest funding. Porthcawl Holdings, Jungle Disk’s parent company, provided pre-seed financing in 2018...Read more
CyberFortress Announces $3 Million Seed Fundraising Round Co-Led by Greycroft and LiveOak Venture Partners
CyberFortress, an insuretech startup focused on protecting e-commerce companies from cyber threats, announces that it has closed a $3 million seed round co-led by Greycroft and LiveOak Venture Partners. The funds will be used to expand its product development team in order to accelerate its product launch in the Texas market, which is anticipated for early 2020...Read more
LiveOak Venture Partners Adds David Stewart to Investment Team
LiveOak Venture Partners, an early-stage venture capital firm based in Austin, Texas, is pleased to announce the addition of David Stewart as Venture Partner. David will focus on sourcing and evaluating investment opportunities, as well as providing strategic guidance to LiveOak’s portfolio companies...Read more
data.world acquires Capsenta to boost knowledge graph and data virtualization capabilities
AUSTIN, Texas (GLOBE NEWSWIRE)--data.world today announced that it has acquired Capsenta to enable businesses to securely access, view, and work with on-premises databases in the cloud. Capsenta's patented knowledge graph virtualization and modeling technologies create online, business-friendly views of complex data. Teams can now access a single, aligned view of cloud and on-premises data so more of the organization can understand and immediately use it to power better decisions...Read more
TalentGuard Raises $4M to Help Companies Keep Employees Around
Topo Chico-stocked fridges, cold brew and snacks are all great, but perks alone won’t keep your most ambitious employees happy.
The real secret to retaining employees long-term rests in something far less flashy: career development. It’s something every company claims to have, but it rarely gets the attention or resources it deserves.
Linda Ginac launched TalentGuard in 2010 to fix that by providing a platform that helps automate and personalize career plans....Read more
HR Tech Startup TalentGuard Snags $4M To Help Companies Keep Employees Longer
If you ask most business owners or operators what their biggest challenge is, it’s likely employee retention will rank pretty highly on their list. Now, an Austin-based talent management SaaS (software-as-a-subscription) startup focused on helping companies and HR managers not only retain employees, but better engage with and coach them, has raised $4 million to grow its business....Read more
Austin HR Tech Company TalentGuard Raises $4M to Accelerate Growth, Appoints Key Executives to Board
TalentGuard, an award-winning leader in career pathing and talent management software and solutions, announced today it has raised $4M in a Series B round of financing led by LiveOak Venture Partners of Austin, Texas. The capital in this round will be used for funding strategic growth initiatives...Read more
Real Estate Startup Homeward Secures $25M In Debt & Equity To Help People Buy Homes Faster
There’s so many players in the real estate tech game, it’s hard to keep up. (We’ve tried in numerous pieces such as this one). Now an Austin upstart called Homeward has entered the crowded scene in an ambitious attempt to take on bigger established players with its offering, and it’s just raised $4 million in equity funding and $21 million in debt funding to help it in its mission...Read more
Accelerating OJO Labs' Ambitions to Deliver Exceptional Consumer Experiences, Chris Heller Joins as Chief Real Estate Officer and Karen Starns Joins as Chief Marketing Officer
AUSTIN, Texas, July 19, 2019 /PRNewswire/ -- OJO Labs, which empowers consumers to make better decisions through its conversational AI (artificial intelligence) platform, "OJO," announced today that two top industry leaders who have led at the highest levels in real estate, financial services, consumer products, and enterprise technology joined their executive team. Real estate industry leader, Chris Heller, former CEO of Keller Williams, the largest residential real estate brokerage in the world, and most recently CEO of mellohome, joined as OJO's Chief Real Estate Officer. Consumer brand trailblazer, Karen Starns, who most recently led brand and customer experience at Amazon for Echo, Alexa, FireTV, Kindle, and the portfolio of Amazon smart home devices, joined as OJO's Chief Marketing Officer....Read more
Telestax brings on new CFO as it completes major pivot in business model
As Telestax Inc. tries to reconfigure its business model and regain its footing after cutting some jobs, it's brought on a new chief financial officer.
Patrick Bonnaure has been hired as CFO, according to a June 6 announcement. It brings the Austin startup a veteran software executive with extensive experience in both Silicon Valley and Austin.
Telestax is a communications-platform-as-a-service company — it has built a program that telecommunications companies can use to build new voice, video and text communications tools...Read more
This VC fund is betting $105 million on Texas tech startups as more talent leaves Silicon Valley for the Lone Star State
Silicon Valley has long been the heart of the tech industry. But if you ask Krishna Srinivasan or Venu Shamapant, there are plenty of tech business opportunities in the heart of Texas.
Srinivasan and Shamapant are two of the founders of LiveOak Venture Partners, an Austin, Texas, based investment firm that focuses on startups in the Lone Star State. Last month, the firm finished raising $105 million for its second fund, which it plans to invest in nascent Texas tech companies...Read more
Austin’s Imandra raises $5 million to boost AI product
Austin-based artificial intelligence firm Imandra Inc. said Thursday that it has raised $5 million to support the hiring of additional AI, engineering and product workers in Austin, London and Edinburgh, Scotland.
U.K.-based AlbionVC and IQ Capital and Austin-based LiveOak Venture Partners led the investment round....Read more
Meet Krishna Srinivasan, Founding Partner at LiveOak Venture Partners
Venture capital used to be a cottage industry, with very few investing in tomorrow's products and services. Oh, how times have changed!
While there are more startups than ever, there's also more money chasing them. In this series, we look at the new (or relatively new) VCs in the early stages: seed and Series A....Read more
The Lone Star State has more capital, as LiveOak closes its newest fund with $105 million
Texas may have suffered a heartbreaking defeat during last night’s NCAA men’s championship basketball game, but the state does have something to celebrate today. Local outfit LiveOak Venture Partners, a venture firm focused exclusively on Texas-based startups, has closed a new fund with $105 million in capital commitments....Read more
Austin’s LiveOak Closes $105M Fund To Invest In Texas Startups
Texas startups just got another new source of potential capital.
Austin-based LiveOak Venture Partners has announced the close of its second fund, topping it out at $105 million....Read more
LiveOak Venture Partners Raises $105M Fund II to Back Texas Startups
LiveOak Venture Partners, an Austin-based venture capital firm that invests in early-stage startups across Texas, today announced the successful close of Fund II, a $105 million oversubscribed fund.
The LiveOak team has held a steady, growing presence in the Texas market since its inception in 2013 having invested close to $100 million in startups across the state. Co-Founders Krishna Srinivasan, Venu Shamapant and Ben Scott met at Austin Ventures in 2000 and invested over an additional $150 million in Texas startups...Read more
OJO Labs Raises an Additional $45 Million in Venture Capital
OJO Labs, an artificial intelligence startup, has raised $45 million in additional funding. The Austin-based company plans to use the funds to accelerate its development and market expansion. It plans to hire more employees in the areas of engineering, data science, product and design.
The Series C funding round is being led by LiveOak Venture Partners, Realogy Holdings Corp., Royal Bank of Canada and Northwestern Mutual Future Ventures.....Read more
Making People Better: AI Startup AmplifAI Raises $3.9M to Accelerate Market Growth
AmplifAI combines artificial intelligence with customer data to improve employee satisfaction. The new capital from Naya Ventures, LiveOak Venture Partners, and Capital Factory will get the startup closer to real-time assistance...Read more
Health-tech software company Digital Pharmacist acquired for $125M
Digital Pharmacist Inc., an Austin-based software company, has been acquired for $125 million by K1 Investment Management LLC in Los Angeles.
The private equity and venture capital firm, a subsidiary of Mdk Limited Partners Ltd. in South Korea, bought out Austin-based venture capital firm LiveOak Venture Partners LP. LiveOak led a $6.5 million series B round in Digital Pharmacist that closed in 2017...Read more
Austin startup collects head-turning $83M from investors
Less than five months after moving its headquarters to Austin, legal-technology startup CS Disco Inc. has secured a massive $83 million investment led by Toronto-based venture capital firm Georgian Partners.
Bessemer Venture Partners, LiveOak Venture Partners, The Stephens Group and venture-debt provider Comerica all invested in the funding round, announced Jan. 24. All were prior investors...Read more
VC investment in Austin has never been so robust. What does it mean?
In nine years, Heather Brunner had grown her company into one of Austin’s most recognized tech startups, and now, it was ready for the next level.
It was 2017, and WP Engine, a managed hosting platform for websites and applications built on WordPress, had received multiple inquiries from investment firms throughout the country. After a six-month process of weeding out candidates, Brunner was ready to announce a new corporate partner... Read more
Taking Stock Of Austin’s M&A Year
Austin has been a regular topic here at Crunchbase News, especially its venture inputs. Turning our sights to M&A outputs is, therefore, all the more important.
“I think 2018, in general, has been a great year for fundraising, exits, and IPOs in the Austin area,” said LiveOak Venture Partners’ Mason Rathe...Read more
Rollick Lands $8.3 Million in Venture Capital Funding
Rollick announced Thursday that is has closed on $8.3 million in venture capital funding. The Austin-based company, which has created an online platform for dealers and retailers to sell powersports, RV, marine and industrial equipment, has raised $14 million to date. Austin-based LiveOak Venture Partnersled the Series A round...Read more
News Corp. is buying Opcity for $210M
News Corp. subsidiary and realtor.com operator, Move Inc., today announced the acquisition of Opcity, a real estate lead generation technology platform that matches vetted buyers and sellers with real estate agents in real time, for $210 million...Read more
Austin’s Eventador.io lands $3.8 million for expansion
The startup plans to expand sales and marketing, and invest in engineering, operations and research and development. The Austin-based company, which launched in 2016, received the seed funding from LiveOak Venture Partners with participation by Deep Space Ventures, RSH Ventures, Capital Factory and Keshif Ventures...Read more
LiveOak Venture Partners Expands Team
LiveOak Venture Partners, an early-stage venture capital firm based in Austin, Texas, is pleased to announce the addition of Mike Marcantonio as Principal and Mason Rathe as Senior Associate. Mike and Mason are the first investment professionals being added to the team outside of the three founding partners and will focus on both executing new investments and supporting the firm’s growing portfolio...Read more
OJO Labs Raises $20.5 Million in VC Funding and Plans to Double in Size
OJO Labs, an Austin artificial intelligence startup, has raised $20.5 million in venture capital.
The company, founded in 2015, raised the Series B round from new investors Realogy, the Royal Bank of Canada, Northwest Mutual Fund Ventures and ServiceMaster. It also included existing investors LiveOak Venture Partners and Silverton Partners, both based in Austin...Read more
Austin VC firm, Houston incubator partner up
Austin-based LiveOak Venture Partners, which has invested roughly a quarter billion dollars in Texas companies, is starting a mentoring partnership with Houston incubator Station Houston.
The partnership is expected to be announced May 10 and will increase LiveOak's presence at the incubator, which is considered one of the most prominent in Houston...Read more
Veros Systems locks in $4.3M Series B for industrial risk analytics platform
AI tech firm Veros Systems closed a $4.3 million Series B round of funding this week, led by five undisclosed investors.
The company develops machine learning solutions using electrical signal analytics that continuously monitor industrial assets without interruption. By predicting equipment failures before they occur, Veros Systems helps clients “increase uptime, improve efficiency and optimize maintenance.” ...Read more
San Antonio’s Infocyte closes $5.2 million funding round
San Antonio cybersecurity company Infocyte is expected to announce Monday that it has closed a $5.2 million funding round and brought on Curtis Hutcheson as its new CEO.
Hutcheson will be replacing Peter Klante, who was hired January 2017 as interim CEO on a one-year contract, said Chris Gerritz, Infocyte founder and chief product officer....Read more
Threat Hunting Startup Infocyte Lands Ex-SonicWall Top Exec As CEO, Launches Channel Blitz
Infocyte has tapped former SonicWall General Manager Curtis Hutcheson to double the company's headcount and size of its partner community over the next year.
The San Antonio-based threat hunting startup appointed Hutcheson as CEO in conjunction with the company's close of a $5.2 million Series B funding round,...Read more
DISCO Raises $20M Growth Financing
CS Disco Inc., the legal technology company that makes the market-leading cloud ediscovery solution DISCO, today announced a $20M equity financing. Bessemer Venture Partners led the round, with participation from LiveOak Venture Partners and The Stephens Group. All three were existing DISCO investors. This brings the total investment in DISCO to more than $50M...Read more
Palliative Care-Focused Austin Startup Iris Plans Raises $5.1M
Iris Plans, a telemedicine company that connects patients to palliative care, announced Wednesday that it has raised $5.1 million...Read More
LiveOak & Telestax Discuss Early Stage Technology Investing
In 2010, LiveOak Venture Partners saw a vast opportunity in the Austin and Texas market for early stage technology entrepreneurs. “But there was not as much capital available as many of the local entrepreneurs would attest to”...Read More
Austin VC funding bounces back, jumps 182 percent in 2nd quarter
After a slow start to the year, venture capital activity in Austin bounced back in the second quarter, with internet companies leading the charge. A total of $330 million was raised by 43 companies during the quarter...Read More
Austin telecommunications startup brings in $4.7 million in VC funding
Austin telecommunications startup founded in 2011, announced Monday they had closed a $4.7 million series A round of funding. Austin's LiveOak Venture Partners led the capital infusion...Read More
Digital Pharmacist Closes Series B
“The company has grown over five-fold since our initial investment a little over 18 months ago”...Read More
Opcity’s momentum surges on with $27M Series A
Ben Rubenstein first launched Yodle at the ripe age of 21 years old. By 32, he sold the marketing automation company for a whopping $342 million...Read More
Austin startup Opcity raises a whopping $27 million
An Austin startup that describes itself as the eHarmony of real estate has raised a whopping $27 million in its first round...Read More
NarrativeDX Raises Venture Capital for its Artificial Intelligence Platform Aimed at Healthcare Providers
NarrativeDX, an artificial intelligence platform that lets healthcare providers...Read More
RxWiki is now Digital Pharmacist!
For RxWiki Inc., an Austin-based software firm developing tools to connect pharmacists with their customers, the prescription for growth was absorbing a New Jersey company with a healthy client list. The merger with Newark-based TeleManager...Read More
Malware hunting tech startup in SA raises $3.4M — gets new CEO
Infocyte Inc., a malware hunting technology startup in San Antonio, just got a booster shot of capital to grow deeper roots...Read More
Funding Drop Worries Entrepreneurs
"If you have a good company in Austin, you can raise money"...Read More
Attendance doubles at Texas Venture Summit
While venture capital investing has slowed somewhat in 2016, interest in Texas startups remains strong, based on an event held Thursday in Austin.
In its second year, the Texas Venture Summit drew twice as many attendees than its inaugural year...Read More
RXWiki Helps Indie Pharmacies Compete with The Big Boxes
For most people the concept of the “corner drugstore,” with or without a soda fountain, is a quaint anachronism befitting the movie “It’s a Wonderful Life,” but not modern society.
In fact, though, there are more than 22,000 small, independently owned...Read More
The Top Startup Mecca in America is Far From Silicon Valley
Big drivers are low taxes and a cost of living that is low relative to major metro areas such as New York, Boston, Chicago and Silicon Valley...Read More
Disco Raises $18.6M Series C
Houston-based tech startup that builds software for the legal industry, has raised $18.56 million...Read More
data.world Comes Out of Stealth Mode
With an initial investment of 120 Swiss Francs ($122), the rest came easy...Read More
RxWiki Hires a New CEO
The former CEO of Travelzoo Inc. has been named CEO of a tech-based Austin health care sector startup...Read Article
Venu's First Blog
Texas Investment Landscape: Dark Ages or a New Beginning...Read Blog Post
LiveOak Enters 2016 With Investment in OJO Labs
A new startup, OJO Labs just closed on $5.8 million in Series A funding from local investors. Austin-based LiveOak Venture Partners...Read Article
LiveOak's First Exit!
Oracle StackEngine Acquisition Part Of Expanding Cloud Strategy...Read Article
What Austin VCs...
...are looking for in your pitch...Read More
LiveOak Invests in Health Care Software Maker RxWiki
RxWiki Inc., an Austin software maker for independent pharmacists and their customers, reported raising $5.7 million...Read More
LiveOak-Funded UT-Spinout Capsenta Helps Healthcare Companies Harness Data
Anyone familiar with the University of Texas at Austin is no stranger to the words “what happens here changes the world.”...Read More
Young entrepreneurs flock to hip Austin
Tech startups are flocking to Austin, Texas, as the city’s reputation...Read More
Why Austin isn’t— and never will be — Silicon Valley
...From the startup’s perspective, venture capitalists’ pockets in Central Texas will never be as deep as Silicon Valley’s. But that’s OK...Read More
Mitel Announces Definitive Agreement to Acquire Mavenir
Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in business communications, and Mavenir Systems (NYSE:MVNR), a leading provider of software-based networking solutions for mobile carriers...Read More
CS Disco Raises $10MM Series B
AHouston-based technology company that specializes in software-as-a-service e-discovery systems...Read More
StepOne’s Software Seeks to Improve Customer Service
Ever call a customer service center about a product and get lost in a time consuming maze involving pressing buttons, entering information and getting nowhere...Read More
StackEngine Emerges From Stealth With Seed Investment From LiveOak
A startup out of Austin, TX, emerged from stealth today with $1M in seed funding and a product that gives operations and IT staff a way to manage Docker containers...Read More
LiveOak Venture Partners Sees Lots of Quality Startup Deals in Austin and Texas
Right now is the best time to be in the venture capital business in Austin...Read More
LiveOak Ventures’ Launch Points to Stronger Texas VC Climate
Two years ago, Venu Shamapant, Krishna Srinivasan, and Ben Scott, all veteran venture capitalists in Austin...Read More
New $100MM Fund Targets Early-Stage Startups
Some good news for Austin startups looking to raise money: LiveOak Venture Partners is closing its first fund of about $100 million...Read More