People on the Move: Karl Mehta, Menlo Ventures (April 2013)
Menlo Ventures, a Menlo Park, Calif.-based venture capital investing firm, has announced that Karl Mehta has joined the company as venture partner. Mehta will focus on sourcing investments and serving as an adviser in the financial services, mobile payments, e-commerce and gaming spaces. He developed his expertise in these areas as founder and CEO of PlaySpan, a Santa Clara, Calif.-based technology company specializing in monetizing digital content. He led PlaySpan from its founding through acquisition by Visa. In addition to his 20-plus years as a serial entrepreneur and investor, Mehta was selected by the Obama Administration as a White House Presidential Innovation Fellow in 2012.