# Menlo Ventures' Software Investments: 10 Startups in Its Portfolio (2026)

> The 10 Software startups Menlo Ventures has backed, by stage: $540M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/menlo-ventures-software-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Series C and later

4

- [INVIDI Technologies](https://millionrounds.com/company/invidi-technologies)
- [Coraid](https://millionrounds.com/company/coraid)
- [Nexenta Systems](https://millionrounds.com/company/nexenta-systems)
- [Peopleclick Authoria](https://millionrounds.com/company/peopleclick-authoria)

## Series B

3

- [*SN* Spinnaker Networks](https://millionrounds.com/company/spinnaker-networks)
- [Visible Path](https://millionrounds.com/company/visible-path)
- [*AT* Asempra Technologies](https://millionrounds.com/company/asempra-technologies)

## Stage not reported

3

- [NComputing](https://millionrounds.com/company/ncomputing)
- [newScale](https://millionrounds.com/company/newscale)
- [*AS* Akonix Systems](https://millionrounds.com/company/akonix-systems)

## Segment by segment

### Series C and later

4 startups · $329M raised

- [**INVIDI Technologies**](https://millionrounds.com/company/invidi-technologies) INVIDI Technologies offers Advatar, an application that delivers addressable targeted advertising and marketing messages to viewers. United States $132M
- [**Coraid**](https://millionrounds.com/company/coraid) Coraid provides storage solutions for cloud service providers and enterprises. United States $114M
- [**Nexenta Systems**](https://millionrounds.com/company/nexenta-systems) Nexenta's Open Source Driven Software-Defined Storage delivers a scalable, cloud and virtualization-optimized solution for your en United States $50M
- [**Peopleclick Authoria**](https://millionrounds.com/company/peopleclick-authoria) Peopleclick Authoria offers talent, performance, recruiting and compensation management software for companies. United States $33M

### Series B

3 startups · $100M raised

- [*SN* **Spinnaker Networks**](https://millionrounds.com/company/spinnaker-networks) Spinnaker Networks supplies scalable system architectures, clustering technologies, and other communication equipment. United States $51M
- [**Visible Path**](https://millionrounds.com/company/visible-path) Visible Path is a business social network allowing users to organize and display their business contacts. United States $28M
- [*AT* **Asempra Technologies**](https://millionrounds.com/company/asempra-technologies) Asempra Technologies is a software company that offers recovery management solutions for windows applications and data. United States $20M

### Stage not reported

3 startups · $111M raised

- [**NComputing**](https://millionrounds.com/company/ncomputing) NComputing provides desktop virtualization software and hardware solutions. United States $58M
- [**newScale**](https://millionrounds.com/company/newscale) newScale provides self-service portal, service catalogs, and lifecycle management software for enterprise IT and cloud computing. United States $42M
- [*AS* **Akonix Systems**](https://millionrounds.com/company/akonix-systems) Akonix Systems provides messaging solutions and risk management tools for instant messaging compliance and application integration. United States $11M

**How this map is made.** Every startup here works in Software and has raised money in a round we track that names Menlo Ventures as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Sector portfolio **Menlo Ventures' AI portfolio** 95 startups · $155B](https://millionrounds.com/portfolio-maps/menlo-ventures-ai-portfolio)[Sector portfolio **Menlo Ventures' Fintech portfolio** 26 startups · $3.2B](https://millionrounds.com/portfolio-maps/menlo-ventures-fintech-portfolio)[Sector portfolio **Menlo Ventures' Big Data & Analytics portfolio** 17 startups · $1.2B](https://millionrounds.com/portfolio-maps/menlo-ventures-big-data-analytics-portfolio)[Sector portfolio **Menlo Ventures' IT Services portfolio** 16 startups · $576M](https://millionrounds.com/portfolio-maps/menlo-ventures-it-services-portfolio)[Sector portfolio **Menlo Ventures' Cybersecurity portfolio** 15 startups · $1.4B](https://millionrounds.com/portfolio-maps/menlo-ventures-cybersecurity-portfolio)[Sector portfolio **Menlo Ventures' Biotech portfolio** 11 startups · $1.7B](https://millionrounds.com/portfolio-maps/menlo-ventures-biotech-portfolio)

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