Menlo Micro gets $150 Million in a Series C funding

Menlo Micro gets $150 Million in a Series C funding

Irvine, California based Menlo Microsystems, otherwise called Menlo Micro, has received $150 Mn in Series C financing. The subsidizing round was driven by new financial backers Fidelity Management and Research Company, DBL Partners and Adage Capital Management alongside existing financial backers, Standard Investments, Paladin Capital Group, Piva Capital, and PeopleFund. Counting the most recent financing,…