Early-stage VC Cervin Ventures adds new partner

Daniel Karp joins as the firm's fourth partner and brings experience in enterprise technology investing.

Early-stage investor Cervin Ventures has added Daniel Karp as its fourth partner.

As partner, Karp will focus on investments within enterprise technology including cloud, security, networking and DevOps. These are in line with Cervin’s interest in working with companies in the enterprise application and infrastructure space.

“We have been deliberate in our team growth, seeking colleagues who not only have venture experience, but who know what it is to build something, to both succeed and fail, and to keep going,” said Cervin Ventures co-founder and general partner Preetish Nijhawan in a statement.

He added that Karp’s experience will be “invaluable in helping identify opportunities and in working alongside our partners to help them grow and scale.”

Before joining Cervin, Karp led cloud and data center investments for technology giant Cisco’s corporate venture arm. His investments include artificial intelligence processors developer Habana Labs, which was acquired by Intel in 2020 for $2 billion, cybersecurity research firm GuardiCore, and agriculture technology company Prospera Technologies. Karp also led Cisco’s venture efforts in Israel and Latin America.

Daniel Karp, Cervin Ventures

Karp further has operations experience and has held roles at Microsoft’s start-up business group.

Cervin’s current portfolio companies include video collaboration software CloudApp, talent development platform Edcast and business-to-business payments infrastructure provider PayStand. In January, Cervin led an $8 million seed round for ArmorCode.

Karp said Cervin’s collaborative approach with founders attracted him to join the venture firm.

“The deep investment I see the partners have in the founders and the companies we work with, during the most crucial stages of their entrepreneurial journey, is nothing short of inspiring,” Karp said.