IRVINE, CA, Menlo Micro, the company responsible for re-inventing the electronic switch with its Ideal Switch technology has closed its $44 million Series B funding round.
Menlo Microsystems (Menlo Micro) has created an entirely new switch category that is bringing massive reductions in size, weight, power and cost to multiple industries. 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 $78 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, with its Ideal Switch. The Ideal Switch eliminates compromises and tradeoffs by combining the benefits of electromechanical and solid-state switches into the best of both worlds. Menlo is bringing greater than 99 percent reductions in size, weight, power, and cost to dozens of industries such as medical, aerospace and defense, telecommunications, consumer electronics, industrial IoT, and Test and Measurement. For more information, visit www.menlomicro.com or follow the company on LinkedIn and Twitter.
(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about