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Karl Mehta Menlo Ventures

Karl Mehta

Karl Mehta is a serial entrepreneur, investor, engineer, and civil servant with over 20 years of experience in founding, building, and funding technology companies in the U.S. and international markets. He is currently Venture Partner at Menlo Ventures.

Previously, he was the Founder & CEO of PlaySpan Inc., acquired in the March of 2011 by Visa Inc. (NYSE:V), the world’s largest payment network. PlaySpan is a global leader in payments and monetization for digital media, mobile apps, social networks, and online games.

Karl served as a White House Presidential Innovation Fellow, selected by the Obama Administration during the inaugural 2012-13 term. He was also recently appointed by Governor Brown to the Workforce Investment Board of the State of California.

Prior to founding PlaySpan, Karl was part of the founding team at MobileAria Inc. (acquired by Wireless Matrix) based in Mountain View and Co-Founder & CEO of OmniLabs Inc., based in Singapore and India. Previously, he held executive positions at Hughes, leading new business and technology development.

In 2010, Karl won the “Entrepreneur of the Year” award for Northern California from Ernst & Young.

Karl is on the boards of Intel Capital, Simpa Networks Inc., and the Chapman University Center for Entrepreneurship. He is based in the Silicon Valley and is an active angel investor in the clean-tech and Internet sectors worldwide.

Recent Milestones


Company Date Round Size Participants
PayClip 5/2013Seed$1.5M4



Karl Mehta at TEDxHarkerSchool: The Building Blocks of Entrepreneurship

Added: 2/17/13


  1. Clip raises $1.5M to fund Square-like mobile payments in Mexico ( [edit]
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Last Edited 10/31/13

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