# Menlo Microsystems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/menlo-microsystems

- Industry: Electronics
- Headquarters: Irvine, US
- Website: www.menlomicro.com
- Total disclosed funding: $213M
- Latest round: Series C (Mar 9, 2022)
- Investors on record: 12

## About

Menlo Microsystems, Inc. is a technology company that specializes in high-power RF MEMS switch technology, enhancing electronic systems' efficiency and performance across multiple industries.Founded in 2016, Menlo Microsystems, Inc. is focused on developing advanced RF MEMS switch technology. The company is headquartered in Irvine, US. The founders include Chris Giovanniello, Risa Stack, and Robert Reagan, with Russ Garcia serving as CEO. Menlo Microsystems has completed 6 deals, raising a total of USD 150.00 mn, with the latest funding round being a Series C, backed by investors such as Adage Capital Management and Fidelity Investments.Menlo Microsystems specializes in advanced high-power RF MEMS switch technology, offering products designed to enhance the efficiency and performance of electronic systems in various applications. Their core product line includes state-of-the-art RF switches utilized in telecommunications, aerospace, defense, and consumer electronics. These products address significant challenges in signal integrity and power management, facilitating high-frequency signal routing with minimal power loss, thus optimizing device functionality in demanding environments. The company serves a diverse client base that includes telecommunications providers, defense contractors, and consumer electronics manufacturers, primarily targeting markets in North America, Europe, and Asia. Menlo Microsystems' solutions improve system performance and contribute to energy efficiency, aligning with the global demand for sustainable technologies.Menlo Microsystems generates revenue through the direct sale of its high-power RF MEMS switches and associated technologies to various industry players, including OEMs and system integrators. The company engages in B2B transactions, forming long-term partnerships with clients requiring custom solutions for specific applications. Agreements typically involve volume purchase contracts to ensure a steady supply of products. While specific pricing remains proprietary, transactions accommodate one-time purchases and ongoing supply agreements, making Menlo's flagship products integral to clients' operations and a strategic investment in improved performance.Menlo Microsystems plans to launch new products designed to enhance its RF MEMS switch technology, although specific release dates have not been disclosed. The company aims to expand into new markets, specifically targeting regions in Asia and Europe by the end of 2024. The recent funding raised through a new investment from Petronas Ventures will support these initiatives, facilitating product development and market expansion efforts.

## Funding rounds

- Series C, Mar 9, 2022, $150M — Paladin Capital Group, Adage Capital Management, Fidelity Investments, DBL Partners, Vertical Venture Partners, Build Collective, PeopleFund, Piva, Standard Investments
- Series B, Oct 6, 2020, $44M — Paladin Capital Group, Corning Incorporated, Vertical Venture Partners, Microsemi Corporation, Build Collective, Standard Investments, Piva
- Series A, Dec 2, 2016, $19M — Paladin Capital Group, Corning Incorporated, Microsemi Corporation, GE Ventures

## Investors

- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Series A, Series B, Series C
- Corning Incorporated — Series A, Series B
- Microsemi Corporation — Series A, Series B
- GE Ventures — Series A
- Vertical Venture Partners (https://capitalatlas.ai/funds/vertical-venture-partners) — Series B, Series C
- Build Collective (https://capitalatlas.ai/funds/build-collective) — Series B, Series C
- Standard Investments (https://capitalatlas.ai/funds/standard-investments) — Series B, Series C
- Piva (https://capitalatlas.ai/funds/piva) — Series B, Series C
- Adage Capital Management — Series C
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series C
- DBL Partners (https://capitalatlas.ai/funds/dbl-partners) — Series C
- PeopleFund (https://capitalatlas.ai/funds/peoplefund) — Series C