Tag Archives: Menlo Ventures

QR Code Company Scan Raises $1.7 Million


Scan is a QR code application company that has raised over $1.7 million in funding from Menlo Ventures, Google Ventures, Charles River Ventures, Start Fund, Social + Capital Partnership, Transmedia Capital, Ludlow Ventures, and angel investors Ariel Poler, Naval Ravikant, Jim Pallotta, and Troy Carter. Scan is based in Provo, Utah.
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Fab.com Raises $40 Million, Now Valued At Over $200 Million


When Fab.com originally started, it was a social network for the LGBT community. Now the website is a flash sale website with 72-hour deals. The company has just raised $40 million in funding from Andreessen Horowitz and is now valued at over $200 million. It was only about 6 months ago since Fab.com switched from being a gay social network.
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Car Request Servicer Uber Raises $32 Million From Menlo Ventures, Benchmark, Goldman Sachs, and Jeff Bezos


Uber is a private car service company that has raised $32 million in Series B funding from Menlo Ventures, Goldman Sachs, and Jeff Bezos. Previous investor Benchmark Capital also participated in this round.
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Minted Raises $5.5 Million In Series B Funding


Minted.com, an e-commerce service for stationery and cars, has raised $5.5 million in Series B funding in a round led by Benchmark Capital, IDG Ventures, Menlo Ventures, Marissa Mayer, and Jeremy Stoppelman. Minted connects independent graphic designers to consumers looking for prints such as holiday cards, notebooks, calendars, and wedding invitations. The designer makes a percentage of every sale of their design.
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Enflick Raises $1 Million In Seed Funding


Enflick is a company that has developed the applications TextNow and PingChat. Enflick has raised $1 million in seed funding. Freestyle Capital was the lead investor in this round. Menlo Ventures Talent Fund, Troy Carter (Lady Gaga’s manager), and Scooter Braun (Justin Bieber’s manager) also participated in this round.
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Shaker Raises $15 Million


Shaker is a virtual world startup based in Israel that has raised $15 million in a new round of funding. This round was led by Menlo Ventures’ Shervin Pishevar. Michael Arrington’s CrunchFund was already an investor in Shaker and they also participated in this round. Shaker was the champion at TechCrunch’s Disrupt conference.
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Internet TV Streaming Device Company Roku Raises $8 Million


Roku is an Internet TV streaming device company that has raised $8 million in funding according to a form D filed with the SEC earlier this week. The lead investor in this round is Globespan Capital Partners and Menlo Ventures. Google VP of TV and film entertainment Robert Kyncl also participated in this round.
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Bloomspot Raises $40 Million

Bloomspot, a deals company focused on high-quality spending and loyal customers, has raised $40 million in funding. The funding comes from InterWest Partners, Columbia Capital, Menlo Ventures, True Ventures, QED Investors, Harrison Metal, Western Technology Investment, Erik Blachford and Gary Parsons. The company analyzes (with permission, TechCrunch reports) the credit card spending data of the places they’re running deals, allowing Bloomspot and their partner merchants the opportunity to see whether a deal really encourages other buying that makes the deal profitable for the merchant. That data helps predict how much customers will spend when provided with a certain offer, which in turn lets Bloomspot promise a certain level of profits to their partner merchants.

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Mr. Number Raises $3.5 Million From Menlo Ventures


Mr. Number is a mobile application for iPhone, Android, and BlackBerry app that informs your friends when it is a good time to call you. Mr. Number also tells your friends whether you prefer text messages at the given moment. Mr. Number also does a lookup-based caller ID and it can block calls and messages from certain numbers. You can also report spam calls. Mr. Number has raised $3.5 million from Menlo Ventures. Mr. Number plans on using the funds to scale and build additional functionality. Shervin Pishevar and DuBose Montgomery of Menlo Ventures will join Mr. Numbers board of directors as part of this round. Mr. Number CEO Jason Devitt pointed out that nearly 3 million people have signed up for the service so far. [TechCrunch]

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Gay Social Network Fab.com Raises $8 Million


Fab.com is a social network for gay men that used to be known as Fabulis. Fab.com has raised $8 million in Series A funding.
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