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 Founder & CEO of EdCast Inc., and Venture Partner at Menlo Ventures. He is Founder of Silicon Valley based tech-driven non-profit, CodeforIndia.org and serves on several non-profit boards for education impact worldwide.
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.
In 2010, Karl won the "Entrepreneur of the Year" award for Northern California from Ernst & Young. Karl is on the boards of Simpa Networks Inc., and the Chapman University Center for Entrepreneurship and advisor board of Intel Capital.
Founder & CEO
2014 - Current (almost 3 years)
Mar 1, 2013 - Current (over 3 years)
Board & Advisor Roles (5)Update
|Dec, 2015||Ten Machines Corp.||undisclosed amount / Seed (Lead)||Personal Investment|
|Sep, 2014||EdCast||$6M / Series A||Menlo Ventures|
|Nov, 2013||21 Inc||$5.05M / Series A||Personal Investment|
|May, 2013||PayClip||$1.5M / Seed||Personal Investment|
|May, 2013||CrowdOptic||$1M / Venture||Personal Investment|
|Jul, 2012||Handle||$2.5M / Series A||Personal Investment|
|Aug, 2011||PowerInbox||$1.1M / Seed||Personal Investment|
|Nov, 2010||Simpa Networks||$1.1M / Seed||Personal Investment|
|Jul 16, 2016||Sramana Mitra - Building a Fat Startup in Corporate Training: Karl Mehta, CEO of EdCast (Part 6)|
|May 27, 2016||iAM Wire - #DealWire: Intel Acquires Itseez to Expand its IOT Market & More|
|Apr 15, 2016||iAM Wire - Fundingwire: Deal4Loans Raises Funding From Neeraj Arora, Ram Shriram and Others, Edcast secures $16M and More|
|Apr 15, 2016||Times of India - Sitemap - SoftBank-backed Edcast raises $16m|
|Apr 15, 2016||Next Big What (India) - EdCast Raises $16 Million In Series B Funding Led By GE Asset Management And Others|
|Apr 14, 2016||TechCrunch - Looking to revolutionize business and personal education, EdCast raises $16 million|
|Apr 14, 2016||Business Wire - EdCast Raises $16 Million Series B to Expand its Leadership in Knowledge Network|
|Apr 14, 2016||PE HUB - EdCast raises $16 mln from GE, SoftBank, Cervin, StartX, Penta|