Menlo Ventures

Menlo Ventures is a California-based venture capital firm founded in 1976 that provides capital to consumer and technology companies across the United States. It funds seed through growth-stage ventures in sectors including computer hardware, software, big data, fintech, and healthcare, as well as related areas such as life sciences technology and smart cloud infrastructure. Based in San Francisco, the firm pursues a market-driven approach to identify opportunities and supports portfolio companies through multiple stages of development. Menlo Ventures emphasizes backing capital-efficient businesses with potential to disrupt large markets and maintains an active role in the companies it supports, alongside a track record of notable investments in diverse technology and consumer sectors. The firm seeks opportunities in early and growth-stage companies across the technology spectrum and strives to partner with teams delivering innovative products and services.

Michelle Aguinis

Investor

Aunkur Arya

Venture Partner

Croom Beatty

Partner

Sam Borja

Investor

Shawn Carolan

Partner

Past deals in Risk Management

Astrix Security

Series B in 2024
Astrix Security specializes in safeguarding non-human identities, such as API keys, service accounts, and access tokens, by extending identity security to machines. Its cloud-based platform provides organizations with comprehensive visibility into these non-human identities, along with automated risk assessment and remediation capabilities. By managing the lifecycle of non-human identities, Astrix helps organizations mitigate excessive, unnecessary, and harmful access, thereby reducing the risk of service supply chain attacks and data breaches. The platform is designed to enable secure app-to-app integration and automation, allowing organizations to harness technology without compromising security.

Relyance AI

Series B in 2024
Relyance AI provides a comprehensive platform for data compliance and governance, ensuring that businesses meet regulatory obligations. The service enables visibility into data processing activities while helping to manage risks associated with data security and privacy. This integrated approach supports sales teams in making informed decisions that drive business growth.

Abnormal Security

Series D in 2024
Abnormal Security Corporation is a San Francisco-based company that specializes in cloud-based email security solutions for Microsoft Office 365 and G Suite. Founded in 2018, the company provides a comprehensive platform designed to protect enterprises from targeted email attacks. Utilizing a data science approach, Abnormal Security offers features such as inbound email protection, detection of email account compromises, and response capabilities. Its technology includes Abnormal Behavior Technology, which models identities of both employees and external senders, profiles relationships, and analyzes email content to prevent threats like credential phishing, internal phishing, employee impersonation, and invoice fraud. The company primarily serves industries including financial services, healthcare, and oil, gas, and utilities, aiming to mitigate risks related to account takeovers and financial losses.

Rivet

Series B in 2022
Rivet Health, Inc. is a company specializing in healthcare revenue cycle management through its software-as-a-service platform. Founded in 2018 and based in Cottonwood Heights, Utah, Rivet provides tools that enhance financial transparency and operational efficiency for healthcare providers and patients. Its offerings include features that allow providers to quote and collect patient costs upfront and manage payer contracts effectively. The software also helps patients understand their financial responsibilities, detect underpayments, and create accurate estimates, thereby fostering better communication between providers and payers. By addressing the complexities of healthcare transactions, Rivet aims to improve the overall experience for both patients and providers.

Abnormal Security

Series C in 2022
Abnormal Security Corporation is a San Francisco-based company that specializes in cloud-based email security solutions for Microsoft Office 365 and G Suite. Founded in 2018, the company provides a comprehensive platform designed to protect enterprises from targeted email attacks. Utilizing a data science approach, Abnormal Security offers features such as inbound email protection, detection of email account compromises, and response capabilities. Its technology includes Abnormal Behavior Technology, which models identities of both employees and external senders, profiles relationships, and analyzes email content to prevent threats like credential phishing, internal phishing, employee impersonation, and invoice fraud. The company primarily serves industries including financial services, healthcare, and oil, gas, and utilities, aiming to mitigate risks related to account takeovers and financial losses.

Relyance AI

Series A in 2021
Relyance AI provides a comprehensive platform for data compliance and governance, ensuring that businesses meet regulatory obligations. The service enables visibility into data processing activities while helping to manage risks associated with data security and privacy. This integrated approach supports sales teams in making informed decisions that drive business growth.

reThought Insurance

Series A in 2021
Founded in 2017, reThought Insurance is a specialized managing general agency focused on commercial flood insurance. It leverages proprietary underwriting methodology and risk assessment technology to visualize, assess, price, and underwrite commercial flood risks for enterprises.

Abnormal Security

Series B in 2020
Abnormal Security Corporation is a San Francisco-based company that specializes in cloud-based email security solutions for Microsoft Office 365 and G Suite. Founded in 2018, the company provides a comprehensive platform designed to protect enterprises from targeted email attacks. Utilizing a data science approach, Abnormal Security offers features such as inbound email protection, detection of email account compromises, and response capabilities. Its technology includes Abnormal Behavior Technology, which models identities of both employees and external senders, profiles relationships, and analyzes email content to prevent threats like credential phishing, internal phishing, employee impersonation, and invoice fraud. The company primarily serves industries including financial services, healthcare, and oil, gas, and utilities, aiming to mitigate risks related to account takeovers and financial losses.

Rivet

Series A in 2020
Rivet Health, Inc. is a company specializing in healthcare revenue cycle management through its software-as-a-service platform. Founded in 2018 and based in Cottonwood Heights, Utah, Rivet provides tools that enhance financial transparency and operational efficiency for healthcare providers and patients. Its offerings include features that allow providers to quote and collect patient costs upfront and manage payer contracts effectively. The software also helps patients understand their financial responsibilities, detect underpayments, and create accurate estimates, thereby fostering better communication between providers and payers. By addressing the complexities of healthcare transactions, Rivet aims to improve the overall experience for both patients and providers.

Insurdata

Seed Round in 2019
Insurdata Corporation, established in 2017 and headquartered in Broomfield, Colorado, specializes in providing property-specific data solutions for insurance and reinsurance underwriters. The company offers high-resolution, peril-specific exposures and building-level risk data, supporting clients' pricing, underwriting, and portfolio management decisions. Insurdata's platform employs advanced technologies such as mobile augmented reality and 3-D model creation to deliver both desktop and mobile products, enabling real-time risk assessment and informed decision-making.

BitSight

Series D in 2018
BitSight, founded in 2011, is a cyber risk management company that offers a platform designed to help organizations assess and manage information security risk. By applying sophisticated algorithms, BitSight generates daily security ratings that range from 250 to 900, enabling users to evaluate third-party risk, underwrite cyber insurance, benchmark security performance, and conduct due diligence in mergers and acquisitions. The company serves a diverse clientele, including seven of the top ten cyber insurers, 20% of Fortune 500 companies, and three of the top five investment banks, making its Security Ratings technology integral to risk management and business decision-making. With over 1,000 customers and a vast ecosystem of users, BitSight is recognized as the most widely used Security Ratings Service in the industry.

Insurdata

Seed Round in 2017
Insurdata Corporation, established in 2017 and headquartered in Broomfield, Colorado, specializes in providing property-specific data solutions for insurance and reinsurance underwriters. The company offers high-resolution, peril-specific exposures and building-level risk data, supporting clients' pricing, underwriting, and portfolio management decisions. Insurdata's platform employs advanced technologies such as mobile augmented reality and 3-D model creation to deliver both desktop and mobile products, enabling real-time risk assessment and informed decision-making.

BitSight

Series C in 2016
BitSight, founded in 2011, is a cyber risk management company that offers a platform designed to help organizations assess and manage information security risk. By applying sophisticated algorithms, BitSight generates daily security ratings that range from 250 to 900, enabling users to evaluate third-party risk, underwrite cyber insurance, benchmark security performance, and conduct due diligence in mergers and acquisitions. The company serves a diverse clientele, including seven of the top ten cyber insurers, 20% of Fortune 500 companies, and three of the top five investment banks, making its Security Ratings technology integral to risk management and business decision-making. With over 1,000 customers and a vast ecosystem of users, BitSight is recognized as the most widely used Security Ratings Service in the industry.

Veriflow

Series A in 2016
Veriflow is a technology company that focuses on enhancing network security and reliability through formal verification of network infrastructure. Founded in 2013 and headquartered in San Jose, California, Veriflow employs continuous network verification technology to predict potential outages and vulnerabilities before they can impact business operations. This proactive approach allows IT teams to maintain secure and resilient networks by identifying and addressing issues quickly, often in just a few clicks. Supported by notable investors such as New Enterprise Associates, Menlo Ventures, the National Science Foundation, and the U.S. Department of Defense, Veriflow is dedicated to ensuring that enterprises can effectively manage their network performance and security.

BitSight

Series B in 2015
BitSight, founded in 2011, is a cyber risk management company that offers a platform designed to help organizations assess and manage information security risk. By applying sophisticated algorithms, BitSight generates daily security ratings that range from 250 to 900, enabling users to evaluate third-party risk, underwrite cyber insurance, benchmark security performance, and conduct due diligence in mergers and acquisitions. The company serves a diverse clientele, including seven of the top ten cyber insurers, 20% of Fortune 500 companies, and three of the top five investment banks, making its Security Ratings technology integral to risk management and business decision-making. With over 1,000 customers and a vast ecosystem of users, BitSight is recognized as the most widely used Security Ratings Service in the industry.

BitSight

Series A in 2013
BitSight, founded in 2011, is a cyber risk management company that offers a platform designed to help organizations assess and manage information security risk. By applying sophisticated algorithms, BitSight generates daily security ratings that range from 250 to 900, enabling users to evaluate third-party risk, underwrite cyber insurance, benchmark security performance, and conduct due diligence in mergers and acquisitions. The company serves a diverse clientele, including seven of the top ten cyber insurers, 20% of Fortune 500 companies, and three of the top five investment banks, making its Security Ratings technology integral to risk management and business decision-making. With over 1,000 customers and a vast ecosystem of users, BitSight is recognized as the most widely used Security Ratings Service in the industry.

Comprehend Systems

Seed Round in 2011
Comprehend Systems, Inc. is a Redwood City, California-based company that specializes in cloud-based continuous quality solutions for clinical operations. Founded in 2010, the company offers a comprehensive suite of clinical intelligence applications designed to enhance the efficiency, safety, and quality of clinical trials. These applications cater to clinical operations executives, data managers, and medical monitors, providing tools for portfolio monitoring, continuous quality assessment, collaboration with contract research organizations (CROs), and risk and medical monitoring. Comprehend Systems aims to deliver actionable insights across studies, systems, sites, and vendors, thereby improving the overall clinical trial process. In 2019, it became a subsidiary of Saama Technologies, Inc.

nCircle Network Security

Venture Round in 2007
nCircle Network Security, Inc. specializes in agentless security risk and compliance management solutions for various sectors, including financial services, healthcare, and government agencies. Founded in 1998 and headquartered in San Francisco, the company offers a range of products designed to identify, measure, and manage security risks while automating compliance processes. Key offerings include IP360, which provides vulnerability prioritization and remediation workflow, and the Topology Risk Analyzer, which enhances vulnerability assessment by analyzing network layouts. Additionally, nCircle provides the Security Intelligence Hub for integrating network intelligence and nTellect, a threat prioritization system that improves the effectiveness of intrusion detection systems. The company also offers services such as automated PCI compliance scanning and regulatory compliance solutions, alongside consulting and training services. With regional offices in Atlanta, Toronto, and London, nCircle's solutions help organizations reduce security risks and ensure compliance with internal and governmental standards.

Q1 Labs

Series D in 2007
Q1 Labs, Inc. is a developer of network security software based in Waltham, Massachusetts, with additional operations in Fredericton, Canada. Founded in 2001, the company specializes in providing comprehensive network security solutions, notably through its flagship product, the QRadar Security Intelligence Platform. This platform integrates various functionalities such as security information and event management (SIEM), risk management, log management, and network behavior analytics into a cohesive security intelligence solution. Q1 Labs serves a diverse clientele across multiple sectors, including finance, healthcare, retail, government, and education. The company also offers planning, implementation, consulting, and training services to enhance its security solutions. Q1 Labs has established strategic partnerships with several notable organizations, enhancing its capabilities in the market.

Tablus

Series B in 2006
Tablus is a provider of content loss prevention solutions that locate, monitor and protect sensitive enterprise information from potential loss or misuse. Many of the world's largest enterprises in the high technology, financial services, retail and hospitality, healthcare and pharmaceutical industries rely on the complete Tablus solution suite for the precise content detection and unprecedented control needed to maintain regulatory compliance and mitigate the legal and financial risk of exposing confidential corporate content — regardless of whether it is at rest, in motion, or in use.

PassMark Security

Series B in 2005
As of April 24, 2006, PassMark Security, Inc. was acquired by RSA Security, Inc. PassMark Security, Inc. offers authentication solutions for online banking. It provides front-to-back system that includes real-time risk-based analytics, layered security, shared fraud data network, multi-model decision engine, and automated supplemental authentication. The company offers Two-Factor Two-Way Authentication to provide security without requiring end-users to install new software or carry anything they do not already have with them. It serves retail and small business users, financial institutions, banks, and e-commerce Web sites. PassMark Security, Inc. was founded in 2004 and is based in Menlo Park, California.

Q1 Labs

Series C in 2004
Q1 Labs, Inc. is a developer of network security software based in Waltham, Massachusetts, with additional operations in Fredericton, Canada. Founded in 2001, the company specializes in providing comprehensive network security solutions, notably through its flagship product, the QRadar Security Intelligence Platform. This platform integrates various functionalities such as security information and event management (SIEM), risk management, log management, and network behavior analytics into a cohesive security intelligence solution. Q1 Labs serves a diverse clientele across multiple sectors, including finance, healthcare, retail, government, and education. The company also offers planning, implementation, consulting, and training services to enhance its security solutions. Q1 Labs has established strategic partnerships with several notable organizations, enhancing its capabilities in the market.

nCircle Network Security

Venture Round in 2004
nCircle Network Security, Inc. specializes in agentless security risk and compliance management solutions for various sectors, including financial services, healthcare, and government agencies. Founded in 1998 and headquartered in San Francisco, the company offers a range of products designed to identify, measure, and manage security risks while automating compliance processes. Key offerings include IP360, which provides vulnerability prioritization and remediation workflow, and the Topology Risk Analyzer, which enhances vulnerability assessment by analyzing network layouts. Additionally, nCircle provides the Security Intelligence Hub for integrating network intelligence and nTellect, a threat prioritization system that improves the effectiveness of intrusion detection systems. The company also offers services such as automated PCI compliance scanning and regulatory compliance solutions, alongside consulting and training services. With regional offices in Atlanta, Toronto, and London, nCircle's solutions help organizations reduce security risks and ensure compliance with internal and governmental standards.

Tablus

Series A in 2004
Tablus is a provider of content loss prevention solutions that locate, monitor and protect sensitive enterprise information from potential loss or misuse. Many of the world's largest enterprises in the high technology, financial services, retail and hospitality, healthcare and pharmaceutical industries rely on the complete Tablus solution suite for the precise content detection and unprecedented control needed to maintain regulatory compliance and mitigate the legal and financial risk of exposing confidential corporate content — regardless of whether it is at rest, in motion, or in use.

Q1 Labs

Series B in 2003
Q1 Labs, Inc. is a developer of network security software based in Waltham, Massachusetts, with additional operations in Fredericton, Canada. Founded in 2001, the company specializes in providing comprehensive network security solutions, notably through its flagship product, the QRadar Security Intelligence Platform. This platform integrates various functionalities such as security information and event management (SIEM), risk management, log management, and network behavior analytics into a cohesive security intelligence solution. Q1 Labs serves a diverse clientele across multiple sectors, including finance, healthcare, retail, government, and education. The company also offers planning, implementation, consulting, and training services to enhance its security solutions. Q1 Labs has established strategic partnerships with several notable organizations, enhancing its capabilities in the market.

nCircle Network Security

Series C in 2002
nCircle Network Security, Inc. specializes in agentless security risk and compliance management solutions for various sectors, including financial services, healthcare, and government agencies. Founded in 1998 and headquartered in San Francisco, the company offers a range of products designed to identify, measure, and manage security risks while automating compliance processes. Key offerings include IP360, which provides vulnerability prioritization and remediation workflow, and the Topology Risk Analyzer, which enhances vulnerability assessment by analyzing network layouts. Additionally, nCircle provides the Security Intelligence Hub for integrating network intelligence and nTellect, a threat prioritization system that improves the effectiveness of intrusion detection systems. The company also offers services such as automated PCI compliance scanning and regulatory compliance solutions, alongside consulting and training services. With regional offices in Atlanta, Toronto, and London, nCircle's solutions help organizations reduce security risks and ensure compliance with internal and governmental standards.

Recourse Technologies

Venture Round in 2002
As of July 2002, Recourse Technologies, Inc. was acquired by Symantec Corporation. Recourse Technologies, Inc. provides threat management solutions that detect, analyze, and respond to malicious computer attacks enabling secure and uninterrupted business operations. It offers ManHunt, a threat management system for detecting, analyzing, and responding to attacks; and ManTrap, a deception system that catches and identifies internal and external security threats. The company was founded in 1999 and is based in Redwood City, California.
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