Menlo Security ARR Hit $100M

Menlo Security is a cybersecurity software startup specializing in secure enterprise browser solutions that isolate web content to protect organizations from malware, phishing, and other browser-borne threats. The company’s Secure Enterprise Browser platform enables large enterprises, government agencies, and global institutions to safely browse web content across devices without compromising performance or user experience.

By eliminating critical attack vectors at the browser layer, Menlo addresses a foundational security gap as hybrid work and cloud-first infrastructures proliferate across industries — reducing risk while maintaining seamless access to productivity tools and SaaS applications. 

Menlo’s disruptive approach has translated into major commercial traction. In 2024, the company surpassed $100 million in annual recurring revenue (ARR), representing roughly 30% year-over-year growth and signaling robust subscription demand from enterprise clients.

Menlo serves over 1,000 large customers, including major financial institutions, retail enterprises, and government bodies, securing millions of users around the world with a proven cloud-native security stack. The firm has tripled revenue since its last significant funding round and forecasts positive cash flow by 2025, reflecting both scale and operational efficiency. 

From a company-level perspective, Menlo has raised substantial venture backing — including a $100 million funding round led by Vista Equity Partners at an ~$800 million valuation — and holds hundreds of millions in total contract value (TCV) with strong net and gross revenue retention.

Strategic partnerships with tech giants like Google, ongoing global expansion efforts, and the potential for broader acquisitions underscore Menlo’s position in the evolving cybersecurity landscape while opening future pathways toward IPO or acquisition interest as the company scales.