News Briefs

LiveOak Venture Partners raises $210m for Texas deals

The Austin-based, early-stage venture firm said Fund III was oversubscribed.

-

Austin, Texas-based LiveOak Venture Partners, an early-stage venture firm focused on start-ups in the Lone Stare State, said its third fund is oversubscribed and closed at $210 million. LiveOak raised $109 million for its third fund in early 2019.

The firm’s partners – Ben Scott, Krishna Srinivasan and Venu Shamapant – worked together at Austin Ventures, which previously was one of the largest early-stage investors nationwide.

Source: Firm announcement