menlomicro.comTechnology Hardware / Computing hardwareFounded: 2016Funding to Date: $228.84MM
Menlo Microsystems heralds the dawn of a new era in electrification with over 40 years of innovation and collaboration, achieving a monumental breakthrough in electronics. They've introduced an entirely new category of switches, the Ideal Switch™, which marries the best aspects of traditional relays and transistors. This innovation combines the reliability and scalability of transistor manufacturing with the efficiency of metal-to-metal contact and air gap separation found in relays, setting a new standard in the field.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
03/09/2022 | Series C | $151MM | $xx.xx | $473.33MM | Vertical Venture Partners, Future Shape, Fidelity Management & Research Company, DBL Partners, Adage Capital Management, Standard Investments, Paladin Capital Group, Piva Capital, People Fund | |
Price per Share
$xx.xx
Shares Outstanding
113,919,275
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Vertical Venture Partners, Future Shape, Fidelity Management & Research Company, DBL Partners, Adage Capital Management, Standard Investments, Paladin Capital Group, Piva Capital, People Fund
|
||||||
10/13/2020 | Series B | $44.38MM | $xx.xx | $104.47MM | 40 North Ventures, Pica, Paladin Capital Group, Vertical Venture Partners, Future Shape | |
Price per Share
$xx.xx
Shares Outstanding
97,443,754
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
40 North Ventures, Pica, Paladin Capital Group, Vertical Venture Partners, Future Shape
|
||||||
12/10/2016 | Series A | $33.46MM | $xx.xx | $83.65MM | GE Ventures, Microsemi Corp., Paladin Capital Group | |
Price per Share
$xx.xx
Shares Outstanding
74,608,576
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
GE Ventures, Microsemi Corp., Paladin Capital Group
|