https://techcrunch.com/2019/04/09/the-lone-star-state-has-more-capital-as-liveoak-focused-only-on-texas-closes-its-newest-fund-with-105-million/

Texas may have suffered a heartbreaking defeat during last night’s NCAA men’s championship 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.

It’s the second vehicle for the firm, formed in 2013 by longtime investors Venu Shamapant, Krishna Srinivasan, and Ben Scott, all of whom met while working together at Austin Ventures in 2000 — and who seem to know what they’re doing a team.