The firm was founded as one of the earliest venture capital firms in Silicon Valley in 1976 and provides technology venture capital funding for seed, early stage and growth companies. Menlo Ventures invests in consumer Internet, mobile, communications infrastructure, enterprise, security and storage. Since its founding in 1976, the firm has invested successfully in more than 360 companies, including Uber, Fab.com, 3PAR, Ironport Systems, Siri, PlaySpan, Coraid, Rover.com and Vidyo. Its past and current portfolio includes more than 70 public companies and more than 100 mergers or acquisitions. It has $4 billion under management and is currently investing Menlo Ventures XI, a $400M fund. Current Menlo investments have a total of over $3 billion in aggregate revenue.
Among its four original founders was H. DuBose Montgomery, who is still a managing director at the firm. Prior to that, Montgomery was a management consultant and communications researcher at Bell Labs. Other Managing Directors at the firm include Doug Carlisle, Shawn Carolan, Venky Ganesan, John Jarve, Sonja Hoel Perkins, Shervin Pishevar, Mark Siegel and Pravin Vazirani.