Thursday, March 10, 2022

Menlo Micro Picks Up $150M In Series C

Irvine-based Menlo Micro has picked up $150M more in funding in a Series C round, the company said Wednesday. The company said the round was led by Vertical Venture Partners and Future Shape plus new investors Fidelity Management & Research Company, DBL Partners and Adage Capital Management. Existing investors, Standard Investments, Paladin Capital Group, Piva Capital, and PeopleFund also participated. The company has now raised over $225M in total. According to Menlo Micro, the new funding goes towards domestic manufacturing and supply chain for its RF and power switching technology. Menlo Micro is led by CEO Russ Garcia. More information »

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