Posted on: May 7, 2013 by Mark Boslet
Menlo Ventures has added Avery More as a venture partner and Alex Gorelik as an EIR, according to a blog post. More will source enterprise deals at the firm and Gorelik will incubate a company and offer advice on the cloud and big data investments.
Tags: Alex Gorelik, Avery More, CompuCom, Menlo Ventures
Posted on: May 1, 2013 by Connie Loizos
Despite the popularity of Facebook and Instagram, a growing number of smartphone users are clearly looking for alternative communications platforms. The question is whether such new apps are real businesses, or if they’re just as evanescent as the technology solutions they provide.
Tags: App Annie, Benchmark Capital, Bill Gurley, Facebook, First Round Capital, Greylock Partners, Josh Elman, Kent Goldman, Kik, Menlo Ventures, Snapchat, Venky Ganesan, Viber, WhatsApp
Posted on: April 26, 2013 by Lawrence J. Aragon
Providing what appears to be a sizable exit for Ignition Partners and other venture firms, Facebook today acquired startup Parse Inc., which offers a cloud-based mobile application platform. Ignition was the startup’s largest venture backer.
Tags: Facebook, Ignition Partners, Menlo Ventures, Parse, Y Combinator
Posted on: April 1, 2013 by Mark Boslet
Menlo Ventures says it added Karl Mehta as a venture partner. Mehta will focus on sourcing investments and will advise portfolio companies in financial services, mobile payments, e-commerce and gaming. He was the founder and CEO of Menlo-backed PlaySpan, which sold to Visa. The Obama Administration named him as a White House Presidential Innovation Fellow in 2012.
Tags: Karl Mehta, Menlo Ventures, PlaySpan
Posted on: February 28, 2013 by asormani
This morning First Read unveils links to the ten best data stories this week, cities where house prices are doubling and those Boston financial tech start-ups to watch.
Tags: Menlo Ventures
Posted on: February 21, 2013 by Connie Loizos
Iranian-born entrepreneur-investor Shervin Pishevar has become a well-known brand in Silicon Valley in recent years largely because of his social entrepreneurship, not his startup prowess. His particular cause has been eradicating many of the hurdles that foreign-born entrepreneurs still face in entering and remaining in the U.S. But clearly, Pishevar’s social conscience has been good for business.
Tags: Fab, Foundry, Menlo Ventures, Sherpa, Shervin Pishevar, Tumblr, Uber
Posted on: February 20, 2013 by Mark Boslet
Menlo Ventures is bringing on veteran VC Venky Ganesan as a partner shortly after Managing Director Shervin Pishevar said he would reduce his role at the firm.
Tags: Globespan Capital Partners, Menlo Ventures, Shawn Carolan, Shervin Pishevar
Posted on: February 15, 2013 by Kirk Falconer
GroupTalent Inc., a talent-as-a-service platform that focuses on hard-to-fill software design and development roles, has secured US$1 million in a seed-stage financing round from a mix of Canadian and US investors. The Seattle, Washington-based GroupTalent, founded in 2011, was backed in a deal led by Vancouver, British Columbia’s Version One Ventures, an early-stage venture capital firm launched last year, alongside Founders’ Co-op., Menlo Ventures and a number of angel investors.
Tags: Founders Co-Op, GroupTalent Inc., Menlo Ventures, Version One Ventures
Posted on: February 14, 2013 by Connie Loizos
Virool, a year-old San Francisco-based video advertising startup, has closed on $6.62 million in funding from a long list of investors in what the company claims is the biggest seed round raised so far by a graduate of the the Y Combinator incubator program. (Virool came out of the program last summer.) The company’s institutional investors include Draper Fisher Juvetson and Menlo Ventures; individuals who contributed to the funding include Paul Buchheit, Dave McClure, and Yuri Milner.
Tags: Dave McClure, Digital Sky Technologies, DominateFund, Draper Fisher Jurvetson, Erik Moore, Farzad Nazem, FundersClub, Menlo Ventures, Paul Buchheit, Phenomenon Ventures, Sam Altman, Thomvest Ventures, TMT Ventures, Troy Carter, Virool
Posted on: February 13, 2013 by asormani
Menlo Ventures has announced Shervin Pishevar’s new strategic position at the firm as venture advisor. Since joining in 2011, Pishevar has focused on investments in consumer Internet, social web, mobile and the emerging collaborative consumption space.
Tags: Menlo Ventures