Menlo’s partner, Tim Tully, will speak at VentureBeat Transform on the main stage tomorrow, July 11th, at 4 pm PT. He'll be part of a showcase featuring seven companies selected for their disruptive generative AI solutions in the enterprise space. https://lnkd.in/gbaJQKGB
Menlo Ventures
Venture Capital and Private Equity Principals
Menlo Park, California 43,172 followers
We are a venture capital firm that strives to have a positive impact on everything we do. When we’re in, we’re all in.
About us
Menlo Ventures is a venture capital firm that strives to have a positive impact on everything we do. That’s why we support businesses—including Abnormal Security, Benchling, Carta, Chime, Harness, Pinecone, Roku, Rover, Siri, and Uber—that are reimagining life and work for the better. Over 47 years, we’ve grown a portfolio that includes more than 80 public companies, over 165 mergers and acquisitions, and $5.8 billion under management. We invest at every stage and in every sector, with expertise in consumer, enterprise, and healthcare. From developing market strategies to creating communities, we provide real impact where entrepreneurs need it most. When we’re in, we’re ALL IN.
- Website
-
http://www.menlovc.com
External link for Menlo Ventures
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 11-50 employees
- Headquarters
- Menlo Park, California
- Type
- Privately Held
- Founded
- 1976
- Specialties
- Adtech, Ecommerce, Mobile, Gaming, New Media, Social & Web, Cloud & SaaS, Comms & Hardware, Security, Storage, Big Data, FinTech, SaaS, DevOps, Infrastructure, Marketplaces, and Life Sciences
Locations
-
Primary
1300 El Camino Real
suite 150
Menlo Park, California 94025, US
Employees at Menlo Ventures
Updates
-
Menlo Ventures reposted this
Congrats to Skild AI! Menlo Ventures has been investing in robotics for almost 10 years and it is both an enormous opportunity as well as a tricky one to get right. Skild AI is the most disruptive opportunity we’ve seen in the sector and has the potential to power the entire next generation of robots with its LLM for the physical world!
Thrilled to announce Skild AI! Over the past year, Abhinav Gupta and I have been working with our top-tier team to build an AI foundation model grounded in the physical world. Today, we’re taking Skild AI out of stealth with $300M in Series A funding, led by Lightspeed, Coatue, SoftBank Group Corp., and Jeff Bezos (through Bezos Expeditions), with participation from Sequoia Capital Felicis Menlo Ventures General Catalyst SV Angel CRV Amazon Carnegie Mellon University. Excited to be working with our wonderful investors: Ravi Mhatre Raviraj Jain Sri Viswanath Stephanie Zhan Vibhor Khanna Aydin Senkut Deep Nishar Matt Murphy Steven Lee Ashvin Bachireddy Murat Bicer Brian Zhan Charles Kennedy Miles Dieffenbach Michael Feinstein Hanns Anders Brock Hayes Special thanks to Rashi Shrivastava for covering our journey. Blog Post: https://lnkd.in/eGnUFcgx News Article: https://lnkd.in/eEtHu7XP
This $1.5 Billion AI Company Is Building A ‘General Purpose Brain’ For Robots
social-www.forbes.com
-
Menlo Ventures reposted this
¡Hace poco estuve con Enzo Cavalie en el Podcast Startupeable! Conversamos sobre: ▶️Por qué Las startups exitosas reescriben las reglas ▶️Por qué un mercado grande no garantiza inversión de venture capital ▶️Rituales clave que aceleran el crecimiento de startups ▶️Como Evaluar a tus inversionistas ▶️Como la IA está redefiniendo las decisiones de inversión Escucha la entrevista en: 👉YouTube: https://lnkd.in/gFWAr3ir 👉Spotify: https://lnkd.in/gvXqsveR 👉Apple Podcasts: https://lnkd.in/gjU5vNgS
Inversionista de Uber y Siri: No Levantes Mucho Capital para Emprender y Cambia las Reglas Así
https://www.youtube.com/
-
Fresh from hosting the NY AI Founders Breakfast with Eric Newcomer and Max Child. Menlo's Consumer AI investor Amy Wu is set to lead a discussion tomorrow at the #CerebralValleySummit at 10:30 am ET!
-
-
Menlo Ventures reposted this
A few highlights from our discussion on next-gen pipeline building with Lauren Schwartz (VP Enterprise Sales, Fivetran) & Kim Graves (Head of Sales, Notion) from 20SALES: (1) Cold outbound is rough. Seek W.A.R.M outbound: "W" is for 'within your ICP'. It’s important to be very targeted, know your buyer, and the tech stack they're using. "A" stands for 'authority or credibility'. Do you have credibility in the space? Have you talked to other companies like them and have insight to share? "R" is for 'relevance'. Why is it relevant to have the conversation now? "M" is for ‘make it personal.’ It can't feel like AI. (2) Next-gen pipeline building requires a holistic approach: Pipeline coverage should be 4-5x in this market (rather than 3x) and requires rigor around the right channel mix (3) AI is enabling, not replacing outbound: AI can help automate away many parts of your workflow, particularly non-customer facing ones. The most useful tools today provide data aggregation/enrichment and intent-based signaling. (4) Partnerships can be an accelerant: Find power in collaborating with complimentary tech (“It’s called a tech stack for a reason”). Consider other players who could act as an extension of your sales team to help you generate pipeline. If you have prospects with these companies already in their stack, the quality of that pipeline is usually higher. (5) You are the CEO of your territory: Good sellers know that they are in control of their own destiny. Never assume that the pipeline is going to come from other channels or become overly reliant on marketing or partners. (6) Find your “Renaissance rep”: Your first sales hires should be very adaptable, great communicators, problem solvers, and process builders. Reps should also be very collaborative and constantly bringing feedback from customers back to the team. We all benefited from your wisdom - thanks for joining our community of founders & GTM execs at Menlo Ventures! CC: Kandace Elam
-
-
Menlo Ventures reposted this
Further validation that Anthropic is the leading model. Nice job Cleanlab Curtis Northcutt
CEO & Co-Founder @ Cleanlab. MIT PhD in CS. I build AI companies to empower people. Former Google, Oculus, Amazon, Facebook, Microsoft
Anthropic says Claude Sonnet 3.5 beats GPT-4o-- we tested it out in a real-world customer use case. Results below. We benchmarked GPT-4o vs Sonnet 3.5 on our Banking Task Benchmark (intent recognition for categorizing customer support) using 3 approaches: zero-shot, few-shot, and Cleanlab-curated few shot. In this task, Anthropic is both more accurate and more affordable. The improvement over GPT-4o is slight but consistent, and with Claude 3.5 Sonnet's per-token prompt cost at almost half the price of GPT-4o, it's cheaper to feed in large prompts and examples. Both LLMs improved using Cleanlab to curate the few shot examples + reduced costs by removing and correcting problematic few shot examples. Shout out to Nelson Auner for the analysis. #genAI #llms #agi #artificialintelligence #machinelearning #datacuration #datacentricAI
-
-
Cerebral Valley attendees: Be sure to catch Menlo's Amy Wu at the summit on Thursday! https://lnkd.in/gEcdBtUZ
Cerebral Valley AI Summit
cerebralvalleysummit.com
-
Congratulations to the Anthropic team on launching Claude 3.5 Sonnet! State-of-the-art vision capabilities, improved reasoning, and a new 'Artifacts' feature. Exciting times in the AI world! https://lnkd.in/eddane8F
Introducing Claude 3.5 Sonnet
anthropic.com