# Menlo Security

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

- Industry: IT Security/Cybersecurity
- Headquarters: Mountain View, US
- Website: www.menlosecurity.com
- Total disclosed funding: $238M
- Latest round: Series E (Nov 12, 2020)
- Investors on record: 11

## About

Menlo Security, Inc. provides innovative cloud-based security solutions that protect enterprises from browser-based threats, ensuring secure access to web applications while safeguarding against malware and phishing attacks.Founded in 2013, Menlo Security, Inc. is headquartered in Mountain View, US. The company specializes in cloud-based security solutions, having raised a total of USD 100.00 mn through its Series E funding round in November 2020. This funding round was led by Vista Equity Partners and included participation from General Catalyst Partners, JP Morgan Asset Management, Neuberger Berman, and OUP (Osage University Partners). Poornima Debolle is the founder of Menlo Security, which has completed a total of 6 deals since its inception. The company's most recent deal was on 2020-11-12, and its current valuation stands at USD 878.71 mn.Menlo Security specializes in providing cloud-based security solutions designed to protect enterprises from browser-based threats. Its flagship offering, the Menlo Secure Cloud Browser, creates a secure digital twin of users’ local browsers, enabling safe access to web applications while isolating them from potential malware and phishing attacks. The technology leverages cloud sandboxing, click-time analysis, and dynamic policy enforcement to ensure users can browse securely without compromising performance or requiring endpoint modifications. The company's services also include Menlo Protect, which employs HEAT Shield AI to detect and block highly evasive threats, and Menlo Secure Application Access, facilitating secure access for both managed and unmanaged devices. Menlo Security's solutions cater to a diverse clientele, including financial institutions, government agencies, and enterprises, primarily in North America, Europe, and Asia-Pacific regions.Menlo Security generates revenue through subscription-based models for its security solutions, targeting enterprise-level clients. Clients typically engage in annual or multi-year contracts for the use of Menlo's products, ensuring consistent revenue flow. The transaction model is B2B, where enterprises subscribe to Menlo's services to enhance their cybersecurity measures against evolving threats. Specific pricing plans are structured around features and scale of deployment, with options available for various user groups, including remote employees and third-party contractors. Menlo's products, including the Secure Cloud Browser and Menlo Protect, form the core of its revenue-generating services, which are essential for companies seeking to mitigate risks associated with browser traffic and maintain compliance with security protocols.Menlo Security plans to utilize the recent USD 100.00 mn funding from its Series E round to accelerate market expansion, enhance go-to-market capabilities, and invest in product engineering. The company is focused on designing and launching new products, although specific release dates have not been disclosed. Furthermore, Menlo Security aims to expand its presence in new markets, with particular emphasis on increasing its footprint in Europe and Asia-Pacific by the end of 2023.

## Funding rounds

- Series E, Nov 12, 2020, $100M — General Catalyst Partners, OUP (Osage University Partners), Vista Equity Partners, JP Morgan Asset Management, Neuberger Berman
- Series D, Jul 7, 2019, $75M — General Catalyst Partners, Sutter Hill Ventures, HSBC Group, OUP (Osage University Partners), JP Morgan Asset Management, American Express Ventures, Engineering Capital
- Series C, Oct 27, 2017, $27M — General Catalyst Partners, Sutter Hill Ventures, HSBC Group, OUP (Osage University Partners), JP Morgan Asset Management, Telefonaktiebolaget LM Ericsson, American Express Ventures, Engineering Capital, Ericsson Ventures
- Series B, May 1, 2015, $25M — General Catalyst Partners, Sutter Hill Ventures, OUP (Osage University Partners), Engineering Capital
- Series A, May 14, 2014, $11M — General Catalyst Partners, OUP (Osage University Partners)
- Seed, Jan 1, 2014 — OUP (Osage University Partners), Engineering Capital

## Investors

- OUP (Osage University Partners) (https://capitalatlas.ai/funds/oup-osage-university-partners) — Seed, Series A, Series B, Series C, Series D, Series E
- Engineering Capital (https://capitalatlas.ai/funds/engineering-capital) — Seed, Series B, Series C, Series D
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series A, Series B, Series C, Series D, Series E
- Sutter Hill Ventures (https://capitalatlas.ai/funds/sutter-hill-ventures) — Series B, Series C, Series D
- HSBC Group — Series C, Series D
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series C, Series D, Series E
- Telefonaktiebolaget LM Ericsson — Series C
- American Express Ventures (https://capitalatlas.ai/funds/american-express-ventures) — Series C, Series D
- Ericsson Ventures (https://capitalatlas.ai/funds/ericsson-ventures) — Series C
- Vista Equity Partners (https://capitalatlas.ai/funds/vista-equity-partners) — Series E
- Neuberger Berman (https://capitalatlas.ai/funds/neuberger-berman) — Series E