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    Announcement

    Menlo Ventures joins Factory’s latest financing

    Menlo describes Factory as a platform for automating software development beyond code generation, with shared context and governance.

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    TLDR

    Menlo Ventures announced it joined Factory’s latest financing. The investor describes Factory as a platform spanning planning, code review, testing, security, documentation, and coordination. It says shared enterprise context and governance let agents work within common guardrails, while customers or Factory’s router choose the underlying models. Factory CEO Matan Grinberg welcomed Menlo and Matt Murphy’s involvement.

    Combined views

    135.3K

    12 Sources, first seen 3h ago

    Combined views

    135.3K

    12 Sources, first seen 3h ago

    1.1K likes

    Useful links

    SiliconANGLE theCUBE · YouTube

    Francesca LaBianca, Factory.AI | The AI Security Summit

    The Modern Software Developer · YouTube

    The Build System: Mission Impossible with Eno Reyes, CTO Factory AI
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    13 Sources

    Menlo VenturesMenlo’s Investment in Factory: The System That Builds Software | Menlo Ventures3h
    @MenloVenturesMenlo is investing in @FactoryAI 🚀 Proud to back Factory as they build the system that automates the entire software lifecycle: planning, review, testing, security, documentation, all of it. Coding has gone from $550M to $30B+ in two years, but generation was only one piece. Factory closes the rest of the loop with a shared, governed, model-agnostic platform. Excited to partner with @matanSF and @EnoReyes, and to witness their talent and vision firsthand. More from @mmurph: https://menlovc.com/perspective/menlos-investment-in-factory-the-system-that-builds-software/3h
    @matanSFMatt Murphy is a legendary investor with a track record of being very early and being very right. He led the Series D of Anthropic in Jan 2024. Their best model was Claude 2.1. I am thrilled to have @mmurph and Menlo Ventures investing in @FactoryAI. We are still so early.2h
    @shaunmmaguireMenlo Ventures is on a tear They led an investment in Anthropic at an ~$4B valuation At the time, most thought OpenAI would be the singular AI winner Maybe we’ll see something similar with @FactoryAI? 👀 Welcome to the Factory team @mmurph!2h
    @deedydas@matanSF @mmurph @FactoryAI It’s an honor to get to work with you, Matan, and a shame it took so long!2h
    @HarryStebbings@shaunmmaguire @FactoryAI @mmurph They have good judgement. That @matanSF is special! 🚀2h
    @xeophon@matanSF @mmurph @FactoryAI congrats!!57m
    @eoghan@matanSF @mmurph @FactoryAI Fuck yeah33m

    Menlo Ventures announced on Oct. 5 that it joined Factory’s latest financing, backing a company it describes as working to automate the broader software development process. The investment note is coauthored by Matt Murphy, Derek Xiao, Sam Borja, and Sabrina Lu.

    Featured Source

    Factory’s cofounder and CEO, Matan Grinberg, welcomed Murphy and Menlo’s involvement. Menlo’s note also identifies Eno Reyes as Factory’s cofounder and chief technology officer.

    Beyond generating code

    Menlo’s case for the investment centers on the work surrounding code generation: planning, code review, testing, security, documentation, and coordination. The firm describes Factory as a platform intended to automate that wider software lifecycle.

    Sentiment

    Positive85%15%Negative

    Based on 40 sentiment-bearing replies from 36 accounts across 3 conversations.

    Related Videos

    • Francesca LaBianca, Factory.AI | The AI Security SummitSiliconANGLE theCUBE · YouTube
    • The Build System: Mission Impossible with Eno Reyes, CTO Factory AIThe Modern Software Developer · YouTube

    13 Sources

    Menlo VenturesMenlo’s Investment in Factory: The System That Builds Software | Menlo Ventures3h
    @MenloVenturesMenlo is investing in @FactoryAI 🚀 Proud to back Factory as they build the system that automates the entire software lifecycle: planning, review, testing, security, documentation, all of it. Coding has gone from $550M to $30B+ in two years, but generation was only one piece. Factory closes the rest of the loop with a shared, governed, model-agnostic platform. Excited to partner with @matanSF and @EnoReyes, and to witness their talent and vision firsthand. More from @mmurph: https://menlovc.com/perspective/menlos-investment-in-factory-the-system-that-builds-software/3h
    @matanSFMatt Murphy is a legendary investor with a track record of being very early and being very right. He led the Series D of Anthropic in Jan 2024. Their best model was Claude 2.1. I am thrilled to have @mmurph and Menlo Ventures investing in @FactoryAI. We are still so early.2h
    @shaunmmaguireMenlo Ventures is on a tear They led an investment in Anthropic at an ~$4B valuation At the time, most thought OpenAI would be the singular AI winner Maybe we’ll see something similar with @FactoryAI? 👀 Welcome to the Factory team @mmurph!2h
    @deedydas@matanSF @mmurph @FactoryAI It’s an honor to get to work with you, Matan, and a shame it took so long!2h
    @HarryStebbings@shaunmmaguire @FactoryAI @mmurph They have good judgement. That @matanSF is special! 🚀2h
    @xeophon@matanSF @mmurph @FactoryAI congrats!!57m
    @eoghan@matanSF @mmurph @FactoryAI Fuck yeah33m

    In Menlo’s account, the goal is for engineers to define an objective, delegate execution to agents, and review the results before shipping. That keeps human review in the process even as agents take on more of the work.

    The investor says Factory provides shared enterprise context and governance so agents and users can work from the same knowledge base within common guardrails. It also describes the platform as model-agnostic: customers, or Factory’s router, can choose the models running underneath based on intelligence and cost.

    Menlo VenturesFactoryAI

    Sentiment

    Positive85%15%Negative

    Based on 40 sentiment-bearing replies from 36 accounts across 3 conversations.

    Related Videos

    Francesca LaBianca, Factory.AI | The AI Security SummitSiliconANGLE theCUBE · YouTube
  • The Build System: Mission Impossible with Eno Reyes, CTO Factory AIThe Modern Software Developer · YouTube