This funding round allows Menlo Micro to significantly accelerate product development and the scaling of production lines.
The round was led by 40 North Ventures alongside San Francisco-based Piva, leading global investor Paladin Capital Group, Vertical Venture Partners, and Tony Fadell’s Future Shape. This round brings Menlo Micro to USD77 million in total funding to date. Menlo Micro is also backed by Corning and Microsemi.
Headquartered in Irvine, California, Menlo Micro has created an entirely new category of electronic switches. The company’s Ideal Switch combines the benefits of electromechanical and solid-state switches.
The O’Melveny team advising Menlo Micro was led by partner and O’Melveny Corporate Department Co-Chair Warren Lazarow and partner Brian Covotta.