Austin-based venture capital firm LiveOak Venture Partners is getting a healthy new dose of entrepreneurial expertise in the shape of Dr. Ram Velidi, who’s joining the firm as its newest Venture Partner. It’s a natural fit for both parties considering LiveOak already has a 15-year history of collaboration with Ram that dates back to his time at Sevin Rosen Funds.
LiveOak is a relatively new player on the venture capital scene, having been founded just three years ago in 2013. But it has all the promise of becoming a major player on the Texas startup scene, with co-founders Ben Scott, Krishna Srinivasan and Venu Shamapant bringing a combined 16-years of early stage investing expertise from their time at the more renowned Austin Ventures.
During their time at Austin Ventures, Scott, Srinivasan and Shamapant helped local entrepreneurs create a whole host of successful technology and technology-driven service companies, including Spatial Wireless (acquired by Alcatel-Lucent), Navini Networks (acquired by Cisco Systems), LifeSize Technologies (acquired by Logitech), Mavenir Systems, and StackEngine (acquired by Oracle), to name just a few. Now, with Ram onboard at LiveOak, the team is hoping to repeat that success by zeroing in on the emerging opportunities in the DFW Metroplex.
“The founders of LiveOak have had tremendous success investing in Dallas-based
companies while at Austin Ventures,” said Shamapant in a statement. “We look forward to repeating that success at LiveOak, and having Ram on the ground in the DFW Metroplex will be a great way to accomplish exactly that.”
Ram, who’ll be focused on finding opportunities in Dallas/Fort Worth, not only offers invaluable expertise in the technology and investing space, but has also earned the deep respect of his new-found colleagues.
“Ram has a lot of experience in building a sustainable and growing organization, but his humble coaching style makes me, as the entrepreneur, open to his ideas,” said Gagan Sharma, founder and CEO of Dallas-based BSI Financial Services. “As an active Board Member and mentor, his guidance around strategy and growth while also fostering the right company culture has been invaluable.”