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August 03, 2012

LiveOffice CEO, With Symantec in Mirror, Joins VC Life

Last week we wrote about Symantec firing CEO Enrique Salem, not long after the departure of Clearwell subsidiary CEO Aaref Hilaly for Sequoia Capital. Today, thanks to an announcement from Accel Partners, we're learning that the leader of another major Symantec acquisition, LiveOffice, has also left the building for VC life.

NIck Mehta quietly left Symantec in May. Now, "Nick will work with the team to identify breakthrough companies in enterprise applications and infrastructure," an Accel press release states.

There's no reason to believe any mass exodus is happening at Symantec, and by all accounts, the Salem move was unrelated to e-discovery. LiveOffice, too, is only on the left edge of the EDRM. But in the news business we have a saying: "One's a fluke, twice is a coincidence, and three is a trend" -- so this is something to keep watching.

Clearwell and LiveOffice aren't leaderless, though. They both are run by Symantec's Brian Dye, vice president, information intelligence group. Dye has been with Symantec since 2004 when it acquired his previous employer, storage management giant Veritas Software, for a massive $13.5 billion.

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