menlo ventures

All-star team of synthetic biologists raise $53 million for cancer therapy startup Senti

A who’s-who from the world of synthetic biological research have come together to launch Senti Biosciences with $53 million in funding from a slew of venture capital investors. Led by Tim Lu, a

Uber’s losses grew to $1.5 billion last quarter

Uber has given its shareholders an update on the company’s performance and it’s definitely in the red. The global ridesharing company lost $1.46 billion in just the third quarter. This co

eShares raises $42 million to manage equity compensation and investments

eShares wants to be the platform for all things equity. From cap table management to secondary transactions, eShares’ software helps businesses like Slack, Flexport and Funding Circle keep tabs

Menlo Ventures dives into data-driven healthcare investing with its newest partner

Like a lot of firms, the 41-year-old venture firm Menlo Ventures has decided to jump into healthcare investing after a long hiatus, hiring new partner Greg Yap to lead the charge.

Drug discovery startup Recursion raises $60 million in Series B from Data Collective 

Recursion, a drug discovery startup out of Salt Lake City, Utah has announced a $60 million Series B round, led by Data Collective (DCVC). Recursion started out in 2014 on a mission to identify 100 ne

Cofactor Genomics pulls in $18 million with the aim to save lives through RNA research

Cofactor Genomics has announced an $18 million Series A financing round led by Menlo Ventures, with participation from DCVC, Ascension Ventures, iSelect, Y Combinator, Wilson Sonsini Goodrich & R

Roku looks to raise $204 million in IPO

Roku, the digital streaming business, is looking to raise about $204 million when it goes public later this month. According to an SEC filing revealed Monday, the company plans to price its shares bet

Homelight raises $40 million to help home sellers find the best real estate agents

HomeLight was founded in 2012 to connect home owners looking to sell with real estate agents in their area who are likely to close quickly and get the best price for their homes. With its business q

Kalanick is out, but Uber’s VCs royally screwed up, too, say industry watchers

Travis Kalanick, who resigned from his post as CEO of Uber, has taken the blame for the company's long list of problems, from allowing a culture of sexual harassment, to skirting the law with its Grey

Menlo Ventures raises new $450M fund to back early consumer, enterprise and ‘frontier technologies’

Silicon Valley VC <a target="_blank" href="https://www.menlovc.com/">Menlo Ventures</a> has closed a new $450 million fund to invest primarily in early-stage "consumer, enterprise and frontier technol

Heap raises $27M to ‘make data useful for everyone’

Heap, a startup that promises a uniquely comprehensive approach to analytics, has raised $27 million in Series B funding. Co-founder and CEO Matin Movassate told me Heap’s vision is to “ma

NVCA chair on immigration orders: “If you’re not at the table, you’re on the menu”

Venky Ganesan, managing director of $4.4 billion venture capital firm Menlo Ventures and current chairman of the National Venture Capital Association, is walking a political tightrope and trying not

Why the $3.7 billion AppDynamics acquisition happened right before IPO

Applications management company AppDynamics was just wrapping up the final touches on its initial public offering when it learned that Cisco was interested in discussing a potential deal. Preliminar

Breather raises $40 million for stylish workspaces on-demand

A mobile app that lets users find and book stylish workspaces on-demand, Breather, raised a Series C round of $40 million. The funding brings Breather’s total capital raised to $73 million. Menl

Flirtey drones deliver socks from the sky at Menlo Ventures’ annual partner meeting

Around the world, drones have been delivering life-saving drugs and blood to clinics, and contrarily tasty treats like burritos, pizza, and Slurpees to homes or campuses. Civilian drones have also co

Rover announces $40M round for pet sitting and dog walking

Last month, we reported that Rover was closing a $40 million round. Looks like the deal has closed — the pet-sitting startup announced today that it has raised, yep, $40 million in a Series E fundin

VC Venky Ganesan on interest rates, diamonds, and quietly imploding startups

Yesterday, Federal Reserve Chair Janet Yellen told lawmakers that she’s not ready to hold interest rates low for much longer, but she isn’t raising them right now.  Afterward, we talked

Rover is closing a $40M round that values the pet-sitting startup at nearly $300M

Seattle-based Rover is in the process of closing a $40 million round of funding, according to sources with knowledge of the deal. The Series E round would value Rover at nearly $300 million, and it co

Veriflow raised $8.2 million to help IT pros avoid network outages and breaches

Remember when Target lost millions of customer credit card numbers to hackers who got in to their networks, of all things, through the company’s connected HVAC systems? A startup called Veriflow Sys

ProducePay raises $2.5M to bring cashflow to farmers

ProducePay has raised $2.5 million to solve what CEO Pablo Borquez Schwarzbeck said is a major issue for farmers — getting paid in a timely manner for their crops. Borquez Schwarzbeck explained that
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