Former Apple software chief Avie Tevanian is becoming a venture capitalist, joining former Apple CFO Fred Anderson at Silicon Valley's Elevation Partners.
Tevanian, who helped lead Mac OS X's development at Apple, was also a board member at Tellme Networks when that company was acquired by Microsoft and currently serves as a director for Dolby Laboratories. At Elevation Partners, Tevanian will serve as a managing director aiming to spot new investment possibilities and help guide the firm's investment companies and strategy.
"Elevation Partners has put together an impressive investment team with the technological expertise and operational experience to identify future opportunities and implement change within existing businesses to seize those opportunities," Tevanian said in a statement.
Anderson said he was happy to once again be working with Tevanian. "Avie and I worked closely together at Apple for many years and I have always admired his engineering talent and leadership, his strategic vision for how software can transform businesses, and his ability to execute on that vision," Anderson said in a statement.
Tevanian, who was at Apple for almost a decade, left the Mac maker in 2006. Before joining Apple, Tevanian was at Steve Jobs' Next Computer, where he also led software engineering efforts.
Apple - USE TAG
reading•Former Apple exec Tevanian joins Elevation Partners
Dec 14•The 30 worst phone names of all time
Dec 14•Apple plans iPhone software update to counter China ban
Dec 14•The iPhone XR in blue looks stellar under a macro lens
Dec 14•J.J. Abrams, Jennifer Garner will reunite to make Apple limited series