Menlo Turns 50 and Announces $3B in Fresh Capital to Go ALL IN on AI
Menlo Ventures Menlo Ventures
Menlo Ventures announced $3 billion in new capital across two funds on its 50th anniversary, positioning itself to invest in AI companies from seed stage through growth stages. The firm has built a team of 16+ investors with deep technical and product expertise, including former CTOs and executives from companies like Splunk and Atlassian, to partner with AI founders. This capital and team structure aim to identify and scale the next generation of AI leaders across infrastructure, frontier models, and applications.
Why it matters
Fifty years ago, Menlo made its first bet on a future that had not yet arrived. In 1976, venture capital was still more craft than industry, but that didn’t stop our founding partner, H. DuBose Montgomery, a 27-year-old electrical engineer fresh from Bell Labs, from opening a new firm on Sand Hill Road. He had […] The post Menlo Turns 50 and Announces $3B in Fresh Capital to Go ALL IN on AI appeared first on Menlo Ventures.