Source: Sifted
Summary
A $300 million funding round is expected to be led by Menlo Ventures, according to a report by Sifted. The investment amount and the leading investor were mentioned, but details about the recipient company and its plans were not provided.
Our Reading
The announcement sounds ambitious.
A new funding round with a big price tag always makes headlines. $300 million is a lot of money, but we’ve seen this script before. Menlo Ventures is leading the charge, because who doesn’t want to be part of the next big thing? It’s just another day in the world of venture capital, where money flows like water.
Author: Evan Null
