After betting the firm on Anthropic, Menlo Ventures raises victorious $3B fund
Menlo has created a solid rep for itself as an AI investor, all based on one gutsy $750 million move in 2024.
menlo ventures
Marketing operating system Nectar Social raises $30M Series A led by Menlo
AI-powered marketing platform Nectar Social announced Thursday that it raised a $30 million Series A round led by Menlo Ventures and its Anthology Fund, which was created alongside Anthropic.
The kids ‘picked last in gym class’ gear up for Super Bowl
YouTube CEO Neal Mohan is expected to be there. Apple’s Tim Cook, too.
Vibe-coding startup Lovable raises $330M at a $6.6B valuation
Lovable has seen its valuation more than triple just five months after the company’s last funding round in July.
Harness hits $5.5B valuation with $240M raise to automate AI’s ‘after-code’ gap
Goldman Sachs has led Harness’s Series E round, with participation from IVP, Menlo Ventures, and Unusual Ventures.
AWS doubles down on custom LLMs with features meant to simplify model creation
AWS is launching more capabilities in both Amazon Bedrock and Amazon SageMaker AI to make building custom models easier.
Inception raises $50 million to build diffusion models for code and text
Diffusion models already power AI image generators, but Inception thinks they can be even more powerful applied in software development.
Composite gets backing from NFDG for its cross-browser agent tool
The central pitch of AI browsers like Perplexity’s Comet, Opera’s Neon, and The Browser Company’s Dia is that they’ll help you complete daily tasks more efficiently. While these are agents that are limited to one browser, Composite aims to build an agentic solution that helps professionals with their tasks, regardless of which browser they use. […]
Enterprises prefer Anthropic’s AI models over anyone else’s, including OpenAI’s
Anthropic holds 32% of enterprise LLM market share by usage. This is a sharp reversal from just two years ago when OpenAI held 50%.