Press Release

Menlo Ventures Announces $1.35 Billion in New Capital

November 16, 2023

Palo Alto – November 16, 2023 – Cooley advised Menlo Ventures, a top venture capital firm, on its close of $1.35 billion in new capital. Lawyers John Dado, William Newsom and Rand Singleton led the Cooley team advising Menlo Ventures.

The new capital will be invested by Menlo XVI and Menlo Inflection III, as well as their affiliated funds, with a mandate to invest in promising technology companies leading the artificial intelligence transformation.

Cooley’s relationship with Menlo Ventures goes back to the mid-1990s when partner Mark Tanoury began working with the client. Since then, Cooley has represented Menlo Ventures in the formation of multiple generations of venture funds.  

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