After betting the agency on Anthropic, Menlo Ventures raises victorious $3B fund
Menlo Ventures announced $3 billion in funds on Tuesday, the most important increase in its 50-year historical past, pushed largely by its AI portfolio, particularly Anthropic. Its stake within the mannequin maker is now value about $14 billion, sources told Bloomberg. To listen to the oldsters at Menlo discuss it, they have been white-knuckling it…
