Tech Company Financing Transactions
Menlo Micro Funding Round
Menlo Micro secured a $44 million Series B funding round on 10/15/2020. Backers included 40 North Management, Corning Innovation Ventures and Future Shape.
Transaction Overview
Company Name
Announced On
10/15/2020
Transaction Type
Venture Equity
Amount
$44,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will also enable the company to accelerate its expansion into new markets over the next few years, leveraging the Ideal Switch ability to handle kilowatts of power.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
49 Discovery 150
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Overview
Menlo Micro is reimagining one of the most fundamental building blocks of electronic systems -- the electronic switch. The company's Digital-Micro-Switch platform is a game changer for those who design electronic systems, with a market opportunity of more than $5 billion.
Management Team
Title
Name
Email & Social
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We do our best to report on every notable VC transaction. VC transactions on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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