Moneta Ventures makes key Houston hire as it increases investments in Texas startups

Moneta Ventures is scaling up its startup investing operations in Texas with a new Houston hire and plans to raise its biggest fund yet.

Moneta is headquartered in Sacramento, California, and has a secondary office in Austin, as well as satellite operations in Portland and Houston. It has $110 million under management from its first and second funds, which mostly includes investments in Austin and California startups. The second fund is winding down, and Moneta is no longer deploying capital from…