Our Latest News
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.
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
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.
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.
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
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
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
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
Venu's First Blog
Texas Investment Landscape: Dark Ages or a New Beginning...Read Blog Post
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