Venture capital firm Menlo Ventures has raised $1.35bn in new capital that will be invested by the firm’s flagship venture fund Menlo XVI and Menlo Inflection III and affiliated funds, in promising AI technology companies.
Founded in 1976, Menlo Ventures has earned a reputation as an expert early-stage investor known for making bets on Uber, Roku, and Siri long before they became household names.
In the new AI era, the firm has become recognized for deep technical expertise, industry connectivity, and an impressive AI portfolio.
