Menlo Ventures raises oversubscribed $450 mln fund: Updated

VC Fundraising
Menlo Ventures Managing Directors (left to right) Shawn Carolan, Matt Murphy, Mark Siegel, Venky Ganesan and Talent Partner Jordan Ormont. Photo courtesy of Menlo Ventures.
Menlo Ventures has raised a $450 million 14th fund for early-stage investing, representing an increase over its previous fund. The new fund, Menlo Ventures XIV, was oversubscribed and will target consumer, enterprise and “frontier” technologies, with 80 percent of the ...
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