Friday, May 19, 2017

Menlo Ventures Announces $450M Fund, Menlo Ventures XIV

Menlo Park-based venture capital investor Menlo Ventures announced on Thursday that it has raised a $450M, venture capital fund--its fourteenth--and also opened up a new office in San Francisco. Menlo Ventures XIV will focus on early-stage consumer, enterprise and "frontier" technologies, according to the firm. Menlo Ventures' Managing Directors on Fund XIV include Mark Siegel, Venky Ganesan, Matt Murphy and Shawn Carolan; the firm said that the rest of the team includes Talent Partner Jordan Ormont, along with investment professionals Tyler Sosin, Steve Sloane, Jayni Shah and Croom Beatty.