Menlo Park, CA-based Menlo Ventures has added Shawn Carolan as a managing director.
Carolan, who will lead the firm’s consumer practice based in San Francisco, where it plans to make additional hires on the consumer investing team, was a Managing Director at Menlo from 2002 to 2013, backing consumer startups including Uber, Siri, Roku, PlaySpan, IMVU, TeleNav and YuMe.
He then founded and was CEO of Handle, an email productivity startup, and ran the company until 2016.
Carolan, who joins Menlo’s four other managing directors investing in Menlo XII, Menlo’s $400m main fund, and the $250m Opportunity Fund, will focus on consumer technologies and mobile-first applications.
Led by Mark Siegel, Venky Ganesan, Pravin Vazirani, and Matt Murphy, Menlo also invests in marketplaces, vertical e-commerce, subscription services, and mobile applications. The firm’s current and recent portfolio includes Warby Parker, Poshmark, Stance, MachineZone, Flurry, Tumblr, Periscope, Betterment, Dropcam, Rover.com, Munchery, The Black Tux, and others.
FinSMEs
12/09/2016