menlo ventures

  • BlueVine Raises $40 Million To Help Small Businesses With Cash Flow

    BlueVine Raises $40 Million To Help Small Businesses With Cash Flow

    Another big bet on fintech, Palo-Alto based BlueVine has raised $40 million to provide credit lines for small businesses. The round is led by Menlo Ventures, with participation from Rakuten, Lightspeed and 83North. While there are countless startups involved in small business lending, BlueVine does something a little different. Instead of offering loans, BlueVine does what’s called… Read More

  • Customer Service Startup Service Raises $3.1M Led By Founders Fund

    Customer Service Startup Service Raises $3.1M Led By Founders Fund

    Khosla Ventures famously backed Gripe.io, a startup which allowed disappointed customers to complain loudly on social media about service providers that had failed them (restaurants, hotels, airlines etc). After this barrage of criticism, the brand owner was supposed give in to this assault and settle with compensation. Unsurprisingly it didn’t work and Gripe closed. A number of… Read More

  • NodePrime Raises $7M In Seed Funding To Help Companies Manage Their Data Centers

    NodePrime Raises $7M In Seed Funding To Help Companies Manage Their Data Centers

    Managing a complex modern IT infrastructure is hard. NodePrime, a San Francisco-based startup that’s emerging from stealth today, wants to make it easier for companies to map, monitor and control their data centers. The company also today announced that it has raised a $7 million seed round with participation from the likes of Menlo Ventures, NEA, Formation 8, Ericsson, Initialized… Read More

  • The Black Tux Grabs $25M To Dress Men To The Nines

    The Black Tux Grabs $25M To Dress Men To The Nines

    The Black Tux, a suit and tuxedo rental startup based in Santa Monica, has scooped up another $25 million in funding to make sure groomsmen no longer look like they’re wearing their dads’ old suits. Led by Stripes Group (also investors in eco-friendly fashion brand Reformation) with participation from prior investors First Round and Menlo Ventures, the Series B comes less than… Read More

  • $10 Million For UpCounsel Means Small Businesses Can Hire BigLaw Attorneys

    $10 Million For UpCounsel Means Small Businesses Can Hire BigLaw Attorneys

    UpCounsel, a marketplace for legal services, has pulled in $10 million in new funding to provide small businesses with attorneys at a fraction of the cost of a big law firm. Menlo Ventures led the Series A round, with participation from previous investors Homebrew and Metamorphic Ventures, which brings the company’s funding total to $13.9 million. When businesses hire a lawyer from a… Read More

  • Menlo Ventures Brings On Matt Murphy

    Menlo Ventures Brings On Matt Murphy

    Matt Murphy, who left his role as a general partner at Kleiner Perkins Caufield & Byers earlier this year, is joining Menlo Ventures as a managing director. Murphy will be focusing on enterprise infrastructure and mobile first apps that apply to either consumer or the enterprise. In terms of the “mobile first apps” part, he pointed to applications like Slack and DocuSign as… Read More

  • Former Kleiner Kid Matt Murphy Heads To Menlo Ventures

    Former Kleiner Kid Matt Murphy Heads To Menlo Ventures

    Matt Murphy, formerly of Kleiner Perkins, is joining Menlo Ventures. The latter firm is currently investing a new $400 million fund. Murphy led Kleiner’s investment into Aerohive Networks, which is currently public, and has been involved with Egnyte, a firm that is looking to go public next year. Kleiner has become best known recently for gender bias suit filed by former denizen… Read More

  • Menlo Ventures Closes On $400 Million For Its Twelfth Fund

    Menlo Ventures Closes On $400 Million For Its Twelfth Fund

    Menlo Ventures is announcing today that it has $400 million in fresh capital to invest in new startups, thanks to the close of its twelfth fund. With a size equal to the firm’s previous fund, the firm’s partners hope to carry forth the same strategy that served them well in Menlo Ventures XI, and hopefully to repeat some of its success. Read More

  • RealtyShares Gets $10M From Menlo To Grow Its Platform For Crowdfunding Real Estate Projects

    RealtyShares Gets $10M From Menlo To Grow Its Platform For Crowdfunding Real Estate Projects

    RealtyShares has taken the idea of crowdfunding and applied it to the real estate market. After about a year of operations in which it was able to show product-market fit, the company has raised $10 million in funding from Menlo Ventures to quickly grow the number of projects made available to investors. Read More