Google Ventures adds general partner to back AI, open source startups

Venture capital firm GV, backed by Google parent Alphabet Inc, has hired Michael McBride from software firm GitLab as its latest general partner to focus on open-source and AI startups, the firm told Reuters.

McBride served as the chief revenue officer for five years at GitLab, an open-source developer tools maker in GV’s portfolio that went public in late 2021.

The software industry veteran said he would concentrate on early-stage startups that focus on enterprise customers, including those that use open-source and AI-driven approaches.