Venture capital firm Menlo Ventures has a new partner: Tim Tully. Tim will join Menlo Ventures in May, transitioning into venture capital from Splunk, where he was the Chief Technology Officer and led the product, engineering, IT and security teams.
He will bring his deep engineering experience to his investments of Menlo XV, a $500 million early-stage fund launched in October 2020. Tim will focus on next-gen cloud infrastructure, specifically AI/ML platforms, devops, and the new data stack. Tim will also advise on early-growth investments considered by Menlo’s Inflection Fund.
While CTO of Splunk, Tim oversaw the company’s shift to the cloud. He was responsible for 10 of Splunk’s acquisitions (SignalFx, Omnition, Phantom Cyber, Victorops, Streamlio, Plumbr, Flowmill, Rigor, Rocana, and SignalSense) and also worked with Splunk’s venture capital arm. He massively scaled Splunk’s product, design, IT and engineering teams, tripling its product team from 600 to 1800 in less than three years.
Among his many other accomplishments during his Splunk tenure, he helped grow the company’s revenue to $2.5B annually with a $25B market cap. Before Splunk, Tim spent over a decade in various technical roles at Yahoo!, Sun Microsystems, and several startups. He holds an M.S. from Carnegie Mellon University and a B.S. from the University of California, Davis.