Mark Siegel, Partner, Menlo Ventures

Mark Siegel

Partner

Consumer, SaaS, Supply Chain + Automation, Bio + Healthcare

As a growth-stage partner at Menlo Ventures, Mark focuses on investments primarily in cloud infrastructure, SaaS, and computational biotech. His secondary areas of interest include drones, autonomous vehicle technology, and AI. Mark has also led consumer investments for Menlo in DropCam (acquired by Nest), eero (acquired by Amazon), and Tenor (acquired by Google).

Mark holds a bachelor of science in physics from MIT and an MBA from Stanford University’s Graduate School of Business. At MIT, Mark did computer modeling of dark matter and galaxy formation, which eventually landed him at Oracle’s Massively Parallel Processing group as a product manager. In this role, he was part of the original team that developed and deployed one of the first true massively parallel and multi-threaded commercial software offerings—the Oracle Parallel Server. Mark then started and managed a consulting group at Oracle dedicated to serving early customers of this product. In business school, Mark got the startup bug and went on to work in business development for Netscape from the first year of its inception through its IPO in 1996.

Mark is still actively involved with both MIT and Stanford, serving on MIT’s Corporation Development Committee and the Stanford Business School Trust. Mark is also a board member of the Western Association of Venture Capitalists (WAVC) and has been a member of the Dean’s advisory committee to MIT’s School of Science.

Mark grew up in Chicago and now lives in Portola Valley with his wife and two children. In his spare time, he enjoys music, mountain biking, and skiing.

Supported by: Dominique Guevara, [email protected]

As a growth-stage partner at Menlo Ventures, Mark focuses on investments primarily in cloud infrastructure, SaaS, and computational biotech. His secondary areas of interest include drones, autonomous vehicle technology, and AI. Mark has also led consumer investments for Menlo in DropCam (acquired by Nest), eero (acquired by Amazon), and Tenor (acquired by Google).

Mark holds a bachelor of science in physics from MIT and an MBA from Stanford University’s Graduate School of Business. At MIT, Mark did computer modeling of dark matter and galaxy formation, which eventually landed him at Oracle’s Massively Parallel Processing group as a product manager. In this role, he was part of the original team that developed and deployed one of the first true massively parallel and multi-threaded commercial software offerings—the Oracle Parallel Server. Mark then started and managed a consulting group at Oracle dedicated to serving early customers of this product. In business school, Mark got the startup bug and went on to work in business development for Netscape from the first year of its inception through its IPO in 1996.

Mark is still actively involved with both MIT and Stanford, serving on MIT’s Corporation Development Committee and the Stanford Business School Trust. Mark is also a board member of the Western Association of Venture Capitalists (WAVC) and has been a member of the Dean’s advisory committee to MIT’s School of Science.

Mark grew up in Chicago and now lives in Portola Valley with his wife and two children. In his spare time, he enjoys music, mountain biking, and skiing.

Supported by: Dominique Guevara, [email protected]

Investments

Our Portfolio
3par-horizontalAcquired by Hewlett-Packard
3par-horizontal

3PAR was a global enterprise storage system provider that created self-configuring, self-optimizing, scalable storage solutions.

Milestones
  • 1999 Founded
  • 2004 Partnered, Series B
  • 2010 Acquired by Hewlett-Packard
3par_graphic
cofactor_genomics
cofactor_genomics

Cofactor Genomics is a biotech company whose mission is to enable drug development, medical research, and personalized medicine using RNA-based information and technologies.

Milestones
  • 2008 Founded
  • 2017 Partnered, Series A
cofactor_genomics_graphic
dropcamAcquired by Google
dropcam

Dropcam was a WiFi-based camera that an iPhone, Android, or laptop could access to view HD surveillance video anywhere, anytime.

Milestones
  • 2009 Founded
  • 2011 Partnered, Series B
  • 2015 Acquired by Google
dropcam_graphic
eeroAcquired by Amazon
eero

eero is a whole home WiFi system, delivering fast, reliable WiFi to every room via a mesh system that’s flexible enough for any layout.

Milestones
  • 2014 Founded
  • 2014 Partnered, Seed
  • 2019 Acquired by Amazon
eero_graphic
recursion NASDAQ: RXRX
recursion

Recursion is discovering transformative new treatments by combining automation, machine learning, and the world’s largest biological image datasets.

Milestones
  • 2013 Founded
  • 2017 Partnered, Series B
  • 2021 IPO; NASDAQ: RXRX
recursion_graphic

RightHand Robotics is a leader in providing robotic piece-picking solutions that improve performance and efficiency in e-commerce order fulfillment and intralogistics.

Milestones
  • 2015 Founded
  • 2018 Partnered, Series B
righthand_robotics_graphic
warby_parkerNYSE: WRBY
warby_parker

Warby Parker is an online retailer of prescription glasses, contact lenses, and sunglasses, conceived as an alternative to the overpriced and bland eyewear available today.

Milestones
  • 2010 Founded
  • 2011 Partnered, Series B
  • 2021 Direct Listing; NYSE: WRBY
warby_parker_graphic

Yellowbrick is an enterprise data warehouse solution that maximizes the data management capabilities of even the largest enterprise clients while slashing costs.

Milestones
  • 2014 Founded
  • 2015 Partnered, Series A
yellowbrick_graphic

BlueGill Technologies was a software development company that provided electronic bill presentment and payment solutions.

Milestones
  • 1984 Founded
  • 1998 Partnered, Series A
  • 1999 Acquired by Checkfree Holdings
BlueGill Technologies
BlueGill Technologies was a software development company that provided electronic bill presentment and payment solutions.
Acquired by Checkfree Holdings

eXelate was the leading data and analytics engine powering optimal digital marketing decisions.

Milestones
  • 2007 Founded
  • 2010 Partnered
  • 2015 Acquired
eXelate
eXelate was the leading data and analytics engine powering optimal digital marketing decisions.
Acquired by Nielsen

Mobile peer-to-peer car sharing marketplace that enables individuals to rent cars to a community of trusted drivers by the hour, day, or week.

Milestones
  • 2009 Founded
  • 2011 Partnered, Series A
  • 2022 SPAC; NYSE: GETR
getaround_graphic
Getaround
Mobile peer-to-peer car sharing marketplace that enables individuals to rent cars to a community of trusted drivers by the hour, day, or week.
NYSE: GETR
getaround

Platform9 provides Kubernetes-as-a-Service for multi-cloud, on-premises, or at the edge.

Milestones
  • 2013 Founded
  • 2015 Partnered, Series B
platform9_graphic
Platform9
Platform9 provides Kubernetes-as-a-Service for multi-cloud, on-premises, or at the edge.
platform9

Pliant Technology was a leading developer of enterprise solid state drives (SSD) and disruptive enterprise flash drives (EFDs).

Milestones
  • 2006 Founded
  • 2009 Partnered, Series C
  • 2011 Acquired by SanDisk
Pliant Technology
Pliant Technology was a leading developer of enterprise solid state drives (SSD) and disruptive enterprise flash drives (EFDs).
Acquired by SanDisk

Pluribus Networks provides performance-oriented network virtualization for private and public cloud data centers.

Milestones
  • 2010 Founded
  • 2012 Partnered, Series C
  • 2022 Acquired by Arista Networks
pluribus_networks_graphic
Pluribus Networks
Pluribus Networks provides performance-oriented network virtualization for private and public cloud data centers.
Acquired by Arista Networks
pluribus_networks 1

Redfast is a data-driven system for subscription businesses that aims to transform churn into retention.

Milestones
  • 2019 Founded
  • 2019 Partnered
Redfast
Redfast is a data-driven system for subscription businesses that aims to transform churn into retention.

RNA Networks offered a memory virtualization platform that made memory a shared resource and accelerated business.

Milestones
  • 2006 Founded
  • 2008 Partnered, Series A
  • 2011 Acquired by Dell
RNA Networks
RNA Networks offered a memory virtualization platform that made memory a shared resource and accelerated business.
Acquired by Dell

Roam Robotics builds lightweight and affordable robotic exoskeletons and orthoses that expand the boundaries of human mobility for all people.

Milestones
  • 2013 Founded
  • 2018 Partnered, Seed
Roam Robotics graphic
Roam Robotics
Roam Robotics builds lightweight and affordable robotic exoskeletons and orthoses that expand the boundaries of human mobility for all people.

Rubric eMA provided a lead management engine to optimize channel lead flow, integrating response and lead management to automatically capture and measure campaign responses from multiple customer touch points.

Milestones
  • 1994 Founded
  • 1997 Partnered, Series A
  • 1999 Acquired by Broadbase
Rubric
Rubric eMA provided a lead management engine to optimize channel lead flow, integrating response and lead management to automatically capture and measure campaign responses from multiple customer touch points.
Acquired by Broadbase

Schooner Information Technology provided database management system appliances for Web 2.0, cloud computing, and data centers.

Milestones
  • 2007 Founded
  • 2009 Partnered, Series B
  • 2012 Acquired by SanDisk
Schooner
Schooner Information Technology provided database management system appliances for Web 2.0, cloud computing, and data centers.
Acquired by SanDisk

SkyDrop, (formerly Flirtey) is a turnkey solutions provider of hardware, software, and patents for autonomous last-mile drone delivery.

Milestones
  • 2013 Founded
  • 2015 Partnered, Seed
SkyDrop
SkyDrop, (formerly Flirtey) is a turnkey solutions provider of hardware, software, and patents for autonomous last-mile drone delivery.
SkyDrop logo

tCell was a leading provider of web application threat defense and monitoring.

Milestones
  • 2014 Founded
  • 2015 Partnered, Series A
  • 2018 Acquired by Rapid7
tcell-io_graphic
tCell.io
tCell was a leading provider of web application threat defense and monitoring.
Acquired by Rapid7
tcell 1