Menlo closes 12th fund at $400 mln; solidifies smaller fund strategy
Uber backer Menlo Ventures raises $400 million for its 12th fund, which is expected to make 30 investments, or 10 a year, with about half at the early stage. The firm also allocated $15 million for its Menlo Talent Fund to back seed-stage ideas.
15 April 2015•2 mins read
