Articles from Menlo Ventures

Over 60% of Americans use AI—including more than half of all parents and a third of Boomers—but only 3% pay highlighting untapped revenue potential

Former Expanse Co-founder and CTO Brings Deep Technical Expertise to Menlo Ventures’ Expanding AI, Infrastructure, and SaaS Portfolio

18 Companies Selected From Thousands of Applicants Receive Funding, Access to Anthropic Technology including Claude Credits and Menlo Ventures’ Company-Building Expertise

Enterprise AI Spending Hits $13.8B and Anthropic Doubles Market Share While OpenAI Shows Sharp Decline According to New Market Research From Menlo Ventures

MENLO PARK, Calif., July 17, 2024 (GLOBE NEWSWIRE) -- Menlo Ventures, a leading venture capital firm, today announced the Anthology Fund, a groundbreaking $100 million initiative created in partnership with Anthropic, the frontier artificial intelligence safety and research company. The Anthology Fund aims to partner with innovative founders to build unique AI-first applications and infrastructure solutions that leverage Anthropic’s technology and AI models.

Veteran technology investor and engineer brings expertise in cybersecurity, AI, and cloud infrastructure to the firm’s investment team

MENLO PARK, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Today, Menlo Ventures, a leading venture capital firm, announced the firm has raised $1.35 billion in new capital that will be invested by Menlo’s flagship venture fund Menlo XVI and Menlo Inflection III and their affiliated funds, with a mandate to invest in promising technology companies leading the AI transformation.

Research shows enterprise generative AI budgets are surprisingly small, and incumbents have an advantage

Veteran Product and Technology Leader Brings Operating Experience and Product Perspective to Investment Team

Amy Wu Will Build on the Firm’s Impressive History of Consumer Investments in Chime, Roku, Uber