Menlo Ventures

Menlo Ventures is a venture capital firm based in San Francisco, California, founded in 1976. It specializes in providing capital for multi-stage investments across various sectors, including consumer technology, enterprise solutions, and life sciences. The firm employs a market-driven analysis approach to identify promising opportunities in innovative markets. Its notable investments span a range of areas, such as marketplaces, consumer services, software as a service (SaaS), fintech, cybersecurity, and life sciences technology. Menlo Ventures has built a diverse portfolio, comprising over 70 public companies and more than 100 mergers and acquisitions, with $5 billion in assets under management. The firm is actively engaged in investing through its Menlo Ventures XV early-stage fund and a separate Inflection Fund focused on early-growth investments. Menlo Ventures typically invests up to $20 million in its main fund and can allocate more than $30 million for later-stage opportunities, emphasizing capital-efficient models with significant market disruption potential.

Doug Carlisle

Managing Director

Shawn Carolan

Partner

Sunil Chhaya

Principal

Debarghya Das

Principal

Venky Ganesan

Partner and Managing Director

Venkataraman Ganesan

Partner

Naomi Pilosof Ionita

Partner

Kirsten Mello

CFO

Matt Murphy

Managing Director / Partner

Joff Redfern

Venture Partner

Greg Rudin

Partner and General Manager

JP (Jean-Paul) Sanday

Partner

Jean-Paul Sanday

Partner

Steve Sloane

Partner

Tyler Sosin

Principal

Tim Tully

Partner

Andreas Vandris

Investor

Derek Xiao

Investor

Greg Yap

Partner

Croom Beatty

Partner

Past deals in Series E

Benchling

Series E in 2021
Benchling, Inc. is a developer of a cloud-based informatics platform tailored for life sciences research and development. The platform includes a suite of integrated applications that allow scientists to design, share, and document experiments, as well as manage biological entities like plasmids and antibodies. Key features include Benchling Insights, which enables users to visualize and collaborate on structured data, and a biological registration system for inventory tracking. Benchling's solutions cater to a diverse range of applications such as gene therapy, vaccines, and industrial biotechnology, serving scientists in biotech, pharmaceutical, academic, and government sectors. Established in 2012 and based in San Francisco, the company aims to enhance the speed and collaboration of life science research by providing tools that streamline workflows and facilitate critical R&D decisions.

Chime

Series E in 2019
Chime is a mobile banking and finance platform that provides users with convenient banking services designed for modern financial needs. The platform allows users to access bank accounts with fee-free overdrafts and offers the opportunity for early access to paychecks. Chime's unique savings feature automatically sets aside a predetermined amount of money after each transaction, promoting better financial habits and helping members save. The company earns revenue through transaction fees paid by merchants, aligning its interests with those of its users. By focusing on user-friendly services, Chime aims to empower individuals to gain greater control and flexibility over their finances while avoiding traditional banking fees.

Bluevine

Series E in 2018
Bluevine is a financial technology company focused on providing innovative banking solutions tailored for small business owners. Since its inception in 2013, the company has experienced significant growth, serving over 400,000 customers across the United States and facilitating more than $13 billion in financing. Bluevine offers products such as business lines of credit and invoice factoring, which allow small businesses to access capital based on their needs. Invoice factoring enables businesses to receive an immediate advance on unpaid invoices, assisting them in managing payroll, purchasing supplies, and supporting growth initiatives. With a commitment to enhancing the financial future of small businesses, Bluevine combines advanced technology with industry expertise to empower entrepreneurs and help them focus on their core operations.

Scality

Series E in 2018
Scality, Inc. specializes in software-defined storage solutions designed for active archives, content distribution, cloud services, and enterprise applications. Founded in 2009 and headquartered in San Francisco, California, with an additional office in Cambridge, Massachusetts, Scality is recognized for its flagship product, RING. This software-based storage system can scale to petabytes, providing high performance and robust data protection while integrating seamlessly with standard storage protocols such as NFS and S3. The RING serves a wide range of customers, including major media and telecommunications companies and leading operators across the US, Europe, and Japan. With its innovative approach, Scality aims to address the challenges of massive data storage and is committed to ensuring 100% availability for its users. The company was previously known as Bizanga Store Company until its rebranding in June 2010.

Poshmark

Series E in 2017
Poshmark, Inc. operates a social marketplace that facilitates the buying and selling of lifestyle products, including apparel, footwear, home goods, beauty products, and accessories. Established in 2011 and headquartered in Redwood City, California, Poshmark connects a community of over 80 million registered users across the United States, Canada, Australia, and India. The platform blends the interpersonal aspects of traditional shopping with the convenience of e-commerce, making it easy for users to engage in sustainable consumption by buying and reselling both new and secondhand items. Through this approach, Poshmark not only promotes a vibrant marketplace for fashion and lifestyle products but also encourages environmentally conscious choices among consumers.

Credit Sesame

Venture Round in 2017
Credit Sesame, Inc. operates a credit and loan management platform designed to simplify and automate consumer credit management. Founded in 2006 and headquartered in Mountain View, California, the company offers a range of services including credit score monitoring, credit reports, identity theft protection, and personalized recommendations for personal loans, home loans, student loans, and refinancing options. The platform helps users analyze their loans, existing mortgages, and credit card debt, enabling them to manage and improve their credit and financial well-being in one location. By leveraging a deep understanding of personal credit and the latest digital banking technology, Credit Sesame provides a free online and mobile service that empowers consumers to effectively manage their credit and cash flow.

Betterment

Series E in 2017
Betterment LLC is an online financial advisory service based in New York, offering a range of investment solutions for individuals and businesses. Founded in 2007, the company specializes in managing diversified portfolios through exchange-traded funds (ETFs) and provides various account types, including traditional and Roth IRAs, SEP IRAs, and trust accounts. Betterment's services include financial and retirement planning, tax loss harvesting, and an advanced cash management tool known as Two-Way Sweep. The platform allows users to manage their investments efficiently, with a management fee of 0.25%, while also providing features for tracking portfolio activities and achieving long-term financial goals. Betterment serves consumers directly, as well as businesses and financial advisors, emphasizing a goal-based investing framework to optimize returns.

Avere Systems

Series E in 2017
Avere Systems, Inc. specializes in cloud file storage infrastructure, providing solutions that enhance the efficiency and cost-effectiveness of data storage for enterprises. The company offers a range of products, including Virtual FXT Edge filers, CloudFusion, and FXT Edge Filers, which optimize network-attached storage (NAS) and facilitate cloud integration. Avere's storage management software, such as FlashMove and FlashMirror, assists with data migration and protection, while their cloud enablement solutions address various storage needs, including private object storage and NAS optimization. With a commitment to transforming the economics of data storage, Avere empowers organizations across diverse industries, including government, finance, media, life sciences, and energy, to manage their data with greater flexibility and security. Founded in 2008 and based in Pittsburgh, Pennsylvania, Avere Systems operates as a subsidiary of Microsoft Azure and maintains data centers worldwide.

Rover Group

Series E in 2016
Rover is an online marketplace that connects pet parents with a vast network of pet care providers, including pet sitters and dog walkers. The platform allows pet owners to discover and book personalized care services such as overnight boarding, in-home pet sitting, dog walking, and doggy daycare. Rover provides tools and security to empower pet sitters and walkers to manage their own businesses. In addition to its marketplace, Rover also produces and retails a range of durable pet accessories, including PVC pet crates, raised pet beds, and play pens, all manufactured in the U.S. using environmentally-friendly methods. The company is dedicated to enhancing the lives of pets and their owners by facilitating trusted care services and offering high-quality products designed to withstand the demands of pet ownership.

Vidyo

Series E in 2015
We’re video-enabling the world. Recognized in the Gartner Magic Quadrant as a leader and a visionary, Vidyo is used by organizations like Google, CERN, Etsy, Philips, Alibaba, Kaiser, DISA and others. We are tackling a huge challenge: to ensure that the world can take advantage of the endless benefits of video chat by making it better than any other form of communication, whether you are in the office - or far out in the field under challenging bandwidth and wifi conditions. Vidyo makes it easy to embed the most beautiful, resilient and immersive multiparty video chat into any application, on any connected device. In healthcare, banking, IoT, customer engagement, enterprise collaboration, government, field services and more, video chat is revolutionizing - while simplifying - how we communicate. We envision a future in which hospitals, banks, universities, police stations, data centers, manufacturing facilities and all places in between see elegant video chat as the sustainable and intuitive way for humans to better connect with one another - making us more productive while saving tons of time and resources. From Silicon Valley to New York, Europe, Asia-Pacific and beyond, Vidyo is one of the most diverse teams in tech, with hundreds of gifted employees living and sharing their experiences all over the world. We are beyond excited about what we’re building, and believe our mission is just getting started.

Vidyo

Series E in 2014
We’re video-enabling the world. Recognized in the Gartner Magic Quadrant as a leader and a visionary, Vidyo is used by organizations like Google, CERN, Etsy, Philips, Alibaba, Kaiser, DISA and others. We are tackling a huge challenge: to ensure that the world can take advantage of the endless benefits of video chat by making it better than any other form of communication, whether you are in the office - or far out in the field under challenging bandwidth and wifi conditions. Vidyo makes it easy to embed the most beautiful, resilient and immersive multiparty video chat into any application, on any connected device. In healthcare, banking, IoT, customer engagement, enterprise collaboration, government, field services and more, video chat is revolutionizing - while simplifying - how we communicate. We envision a future in which hospitals, banks, universities, police stations, data centers, manufacturing facilities and all places in between see elegant video chat as the sustainable and intuitive way for humans to better connect with one another - making us more productive while saving tons of time and resources. From Silicon Valley to New York, Europe, Asia-Pacific and beyond, Vidyo is one of the most diverse teams in tech, with hundreds of gifted employees living and sharing their experiences all over the world. We are beyond excited about what we’re building, and believe our mission is just getting started.

Tintri

Series E in 2014
Tintri is an American information technology company that specializes in providing an enterprise cloud platform designed to integrate public cloud capabilities within private data centers. The platform combines cloud management software, web services, and all-flash storage systems, enabling organizations and cloud service providers to effectively manage enterprise and cloud-native applications. Tintri's architecture allows customers to guarantee application performance, automate IT tasks through Open APIs, and troubleshoot infrastructure issues. This flexibility and scalability make it a trusted choice for leading enterprises and cloud service providers, including Comcast, Chevron, NASA, Toyota, and United Healthcare, as they seek to modernize their data center operations.

DataXu

Series E in 2014
dataxu, inc. is a marketing analytics software company that provides solutions for brand marketers and agencies globally. Founded in 2007 and headquartered in Boston, Massachusetts, the company offers a range of products including TouchPoint, a demand side platform for multi-channel marketing; OneView, which helps marketers build a comprehensive understanding of consumer behavior; and the Marketing Intelligence Center, a dashboard that consolidates data and performance metrics. Other offerings include ClearSight, an analytics platform for customer insights, and TotalTV, which facilitates audience-based targeting across various TV formats. dataxu also produces insights through white papers and reports, and provides training and managed services for its platform users. The company serves diverse industries such as automotive, financial services, and consumer packaged goods. As a subsidiary of Roku, Inc., dataxu continues to focus on enhancing marketing effectiveness through data-driven strategies.

Roku

Series E in 2012
Roku, Inc. operates a prominent TV streaming platform that enables users to access a wide variety of content, including movies, TV episodes, live sports, and music. The company has two main segments: Platform and Player. Roku's platform is designed to deliver an exceptional user experience through its proprietary operating system, Roku OS, which is integrated into its own streaming devices and licensed to other manufacturers for their televisions. As of 2023, Roku reached over 80 million streaming households, providing significant engagement with its services, including the Roku Channel, a free ad-supported platform offering both on-demand and live programming. In addition to streaming, Roku generates revenue through advertising products and the sale of its streaming media players, TVs, and accessories. The company markets its offerings through retailers, distributors, and directly to consumers in multiple countries, including the United States, Canada, the United Kingdom, and various Latin American nations. Founded in 2002 and headquartered in Los Gatos, California, Roku is recognized for its innovation in the streaming sector.

nLIGHT

Series E in 2011
nLIGHT, Inc. is a manufacturer of semiconductor and fiber lasers tailored for industrial, microfabrication, and aerospace and defense applications. Founded in 2000 and headquartered in Vancouver, Washington, the company operates through two segments: Laser Products and Advanced Development. The Laser Products segment encompasses a range of offerings, including industrial and medical fiber lasers, semiconductor lasers, and optical fibers, while the Advanced Development segment focuses on research and development contracts. nLIGHT employs a vertically integrated business model, allowing it to innovate rapidly, manage costs, and safeguard its intellectual property. The company markets its products primarily to original equipment manufacturers through a direct sales force in the United States, China, South Korea, and Finland, as well as through independent sales representatives and distributors across Asia and Europe.

ParAccel

Series E in 2011
ParAccel accelerates analytics and helps companies accelerate, innovate, and compete. The ParAccel Analytic Platform combines an analytic database with advanced extensibility and integration technology to deliver big analytics anytime, anywhere. Fortune 1000 customers are testing the bounds of unconstrained analytics with the most prolific, most powerful, most expansive analytic platform. ParAccel, Inc. was originally founded in mid-2005 by Barry Zane, part of the founding team at Netezza. It maintains offices in Campbell, California (HQ) as well in San Diego, and London.

3VR

Series E in 2010
3VR, Inc. develops a video intelligence platform specializing in the storage, management, and analysis of enterprise videos to enhance security and operational efficiency. The platform enables organizations to monitor threats in real-time, helping to reduce losses and improve customer experiences. 3VR offers a range of products, including hybrid network video recorders, video management software, and a comprehensive suite of video analytics. Additionally, the company provides technical support and training services. Its online community, CrimeDex, facilitates information sharing among professionals in fraud prevention and law enforcement. 3VR serves a diverse array of industries, including banking, retail, government, healthcare, and hospitality, and sells its products through resellers. Founded in 2002 and headquartered in San Francisco, California, 3VR operates as a subsidiary of Identiv, Inc.

AeroScout

Series E in 2010
AeroScout specializes in real-time location technology that utilizes Wi-Fi-based RFID tags, exciters, and location receivers to enhance asset tracking and monitoring services. The company offers two primary products: Engine, which is a software component that supports location-based applications in a wireless LAN environment, and MobileView, an application focused on enterprise visibility solutions. AeroScout also provides professional services including site planning and pre-installation assistance. By implementing its technology, companies can streamline operations, improve productivity, reduce errors, and achieve cost savings, thereby facilitating more effective management of everyday tasks.

MOG

Series E in 2010
MOG Inc. is a music media company established in June 2005, aimed at enhancing the music listening experience. It offers an on-demand streaming service that grants users access to a vast library of over 14 million songs from more than a million albums. This service is available across multiple platforms, including mobile apps for iPhone and Android, web browsers, and desktop applications for Mac, with plans for Windows integration. MOG's service is noted for its user-friendly interface, strong discovery features, and high audio quality. Additionally, MOG operates The MOG Music Network, a prominent online hub for music content and the largest advertising network focused on music, attracting over 60 million unique visitors monthly across more than 1,500 music-related websites. The company is based in Berkeley, California, and has garnered investment from notable firms including Menlo Ventures and Universal Music Group. Rick Rubin, a renowned record producer, serves on MOG's Board of Directors.

Firetide

Series E in 2009
Firetide Inc. is a venture-backed innovator of wireless mesh networks. Firetide’s advanced technology delivers fiber-quality, rich multimedia content to any location or asset (mobile or static), and eliminates the cost and lengthy installation time associated with fiber.

Santur

Series E in 2009
Santur Corporation, established in November 2000, specializes in the development of laser array and packaging technologies tailored for the telecommunications sector. The company manufactures a range of opto-electronic products, including tunable lasers that play a critical role in generating, routing, and amplifying signals within optical networks. As communication systems evolve from static point-to-point configurations to more dynamic mesh and reconfigurable Wavelength Division Multiplexing (WDM) networks, the demand for tunable solutions has increased, enabling greater flexibility and cost efficiency in network design.

Solidcore Systems

Series E in 2008
Solidcore Systems, Inc. specializes in change control software designed for information technology infrastructures. The company provides solutions for change audit and configuration control, including its flagship product, S3 Control, which is aimed at enhancing IT service availability and ensuring regulatory compliance while minimizing costs and effort. Additionally, Solidcore offers S3 Control Embedded, a software solution that enables original equipment manufacturers to secure and manage devices, including those operating on Windows. Established in 2002 and headquartered in Cupertino, California, Solidcore has regional offices across major cities worldwide, including London, Tokyo, Delhi, Chicago, New York, Toronto, and Vancouver. As of 2009, it operates as a subsidiary of McAfee, Inc.

Neterion

Series E in 2008
Neterion, Inc. offers 10 gigabit Ethernet hardware and software solutions that solve customers' networking problems. Its products include Xframe V-NIC line of 10 Gigabit Ethernet adapters that provide high speed solutions for customers' server and storage systems. The company also provides dual port 10GbE network adapters, which supports virtualization of I/O intensive applications on both legacy servers, as well as future SR-IOV compliant systems. Its products are used in various applications, including geological surveying for oil and gas exploration, bioscience and genome mapping, grid computing, nanotechnology research and development, quantitative financial analysis, defense department testing and simulation, weather forecasting, and data mining and predictive optimization applications. The company serves data centers, oil and gas, and media and entertainment industries. Neterion, Inc. was formerly known as S2io, Inc. The company was founded in 2001 and is headquartered in Cupertino, California with an additional office in Ottawa, Canada.

Peopleclick Authoria

Series E in 2007
Authoria, Inc. provides integrated talent management software, performance management, recruiting software, and compensation management software. Its products provide talent management solutions that help companies to recruit, develop, compensate, retain, and engage employees. The company’s products include recruiting, performance, incentive, salary, succession planning, and communications software. Authoria was formerly known as Foundation Technologies, Inc. and changed its name to Authoria, Inc. in 1999. The company was founded in 1997 and is headquartered in Waltham, Massachusetts with additional offices in Austin, Texas; Santa Barbara, California; and Bangalore, India.

Sepaton

Series E in 2007
Sepaton, Inc. specializes in enterprise data protection solutions, offering a range of hardware and software products designed for departmental backups, deduplication, and electronic remote replication. The company utilizes its ContentAware architecture to enhance virtual tape libraries, ensuring efficient backup and restore performance along with linear scalability and advanced system automation. In addition to its product offerings, Sepaton provides technical consulting, support services, and remote monitoring, as well as assessment and implementation services aimed at optimizing backup processes. Their solutions cater to various sectors, including federal government, financial services, healthcare, and telecommunications, addressing needs such as disaster recovery and corporate compliance. Founded in 1999 and headquartered in Marlborough, Massachusetts, Sepaton has expanded its presence with additional offices in the United States, Europe, and Asia.

CinemaNow

Series E in 2006
CinemaNow Corporation is an Internet service provider that offers on-demand streaming media, allowing viewers in the United States, Canada, and the United Kingdom to access a wide range of content. Established in 1999 and headquartered in Marina Del Rey, California, the company provides a platform for streaming over 4,000 feature-length films, shorts, music concerts, and television programs from over 250 licensors, including major studios like Disney, Warner Bros, and Lionsgate. In addition to its streaming services, CinemaNow delivers digital entertainment technology solutions that support video stores and consumer electronics, as well as broadband video-on-demand services. The company also features PatchBay, a proprietary system for content distribution and digital rights management. As of January 2016, CinemaNow operates as a subsidiary of FilmOn.TV Networks Inc.

Broncus Medical

Series E in 2004
Broncus Medical is a medical technology company specializing in the development of minimally-invasive devices for treating lung diseases, particularly emphysema. The company is known for its Exhale product line, which features the patented Airway Bypass technique, potentially being the first minimally-invasive procedure for homogeneous emphysema, a common form of the disease affecting many patients. Broncus is actively enrolling participants in its pivotal EASE Trial to evaluate this innovative treatment for severe homogeneous emphysema. In addition to its emphysema-focused efforts, Broncus operates within the interventional pulmonology sector, offering a range of products designed to enhance the diagnosis and treatment of lung conditions, including lung cancer and chronic obstructive pulmonary disease (COPD). The company is headquartered in Mountain View, California, with an international presence in Nyon, Switzerland.
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