Menlo Ventures has raised a $250 million “opportunity fund,” its first

 Menlo Ventures, the 40-year-old, Sand Hill Road venture firm, has raised a new, $250 million “special opportunities fund,” says a spokeswoman. (The SEC filing is here.) The idea: to address a comparative dearth of capital for startups that are looking for Series B and C funding, now that non-traditional players like Fidelity and BlackRock are investing less actively in privately… Read More