Lightspeed Venture Partners

Lightspeed Venture Partners Expands to Southeast Asia to Partner With Bold Founders Building Disruptive Companies

Thursday, September 17, 2020 - 1:00am

Headquartered in Singapore, Lightspeed will partner and support the regions bold entrepreneurs building disruptive companies.

Key Points: 
  • Headquartered in Singapore, Lightspeed will partner and support the regions bold entrepreneurs building disruptive companies.
  • We believe the startup ecosystem will continue its significant expansion and are excited to partner with entrepreneurs as they build and scale disruptive companies, said Akshay Bhushan , Partner, Lightspeed Venture Partners.
  • With this expansion to Southeast Asia, Lightspeed remains committed more than ever to its mission: to partner with bold entrepreneurs building exceptional companies of tomorrow.
  • Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise and Consumer sectors.

FortressIQ Expands Executive Go-to-Market Team to Scale Business Growth

Wednesday, August 26, 2020 - 2:00pm

Were thrilled to have acquired such a talented go-to-market team, said Pankaj Chowdhry, CEO at FortressIQ.

Key Points: 
  • Were thrilled to have acquired such a talented go-to-market team, said Pankaj Chowdhry, CEO at FortressIQ.
  • Together, we're accelerating the growth of our client base and partnering with customers to unlock additional business insights and value with our process intelligence platform.
  • The company raised $30 million in series B funding earlier this year to drive growth within the enterprise, better serve its customers, and expand its team.
  • Founded in 2017, FortressIQ is backed by Lightspeed Venture Partners, Boldstart Ventures, Comcast Ventures, Eniac Ventures, M12 and Tiger Global.

Lightspeed India raises $275 Million, to partner with bold founders building for India and from India for the world

Tuesday, August 18, 2020 - 4:00am

Lightspeed India Partners (Lightspeed) today announced the closing of Lightspeed India Partners III with $275 Million of committed capital.

Key Points: 
  • Lightspeed India Partners (Lightspeed) today announced the closing of Lightspeed India Partners III with $275 Million of committed capital.
  • Lightspeed has invested over $750 Million in India since inception in India and with this fund, Lightspeed will continue to partner and support bold entrepreneurs building for tomorrow, right from inception through growth stages.
  • Over the last few years, Lightspeed has expanded Lightspeed India Advisors partnership to six partners, based out of Delhi and Bengaluru.
  • Since 2007, Lightspeed India has backed entrepreneurs and helped build companies of tomorrow, including OYO, Byjus, Udaan and Sharechat.

FortressIQ Announces $30 Million in Series B Funding, building AI to Decode Work

Wednesday, May 13, 2020 - 2:00pm

Microsofts enterprise experience is unparalleled, and we look forward to exploring collaborative ways to serve our customers.

Key Points: 
  • Microsofts enterprise experience is unparalleled, and we look forward to exploring collaborative ways to serve our customers.
  • FortressIQ first partnered with Microsoft in November 2019 and subsequently announced a new integration with Microsoft Power Automate last month.
  • FortressIQ empowers enterprises to quickly and accurately create a system of record for all business processes across the enterprise.
  • Founded in 2017, FortressIQ is backed by Lightspeed Venture Partners, Boldstart Ventures, Comcast Ventures, Eniac Ventures, M12 and Tiger Global.

Lightspeed Raises Over $4 Billion to Fund Early and Growth Stage Entrepreneurs Around the World

Tuesday, April 14, 2020 - 1:00pm

Lightspeed Venture Partners (Lightspeed) today announced the closings of Lightspeed Venture Partners XIII, L.P. (Fund XIII) with $890 million, Lightspeed Venture Partners Select IV, L.P. (Select Fund IV) with $1.83 billion, and Lightspeed Opportunity Fund, L.P. (Opportunity Fund) with $1.5 billion of limited partner committed capital.

Key Points: 
  • Lightspeed Venture Partners (Lightspeed) today announced the closings of Lightspeed Venture Partners XIII, L.P. (Fund XIII) with $890 million, Lightspeed Venture Partners Select IV, L.P. (Select Fund IV) with $1.83 billion, and Lightspeed Opportunity Fund, L.P. (Opportunity Fund) with $1.5 billion of limited partner committed capital.
  • Lightspeeds global and multi-stage strategy supports exceptional entrepreneurs, in any geography, and at any point in their entrepreneurial journey.
  • Lightspeed Venture Partners Select IV, L.P.
    As companies begin to inflect and scale they need a partner who can grow with them.
  • Lightspeed will use Lightspeed Venture Partners Select IV, L.P. ($1.83B) to accelerate existing Lightspeed portfolio companies and identify new investments across our global platform.

Top Web Building Platform Elementor Raises $15 Million in Funding Led By Lightspeed Venture Partners

Wednesday, February 26, 2020 - 1:30pm

TEL AVIV, Israel, Feb. 26, 2020 /PRNewswire/ -- Elementor , the leading WordPress website builder platform, announced today that they raised $15 million from Lightspeed Venture Partners in their first round of institutional funding.

Key Points: 
  • TEL AVIV, Israel, Feb. 26, 2020 /PRNewswire/ -- Elementor , the leading WordPress website builder platform, announced today that they raised $15 million from Lightspeed Venture Partners in their first round of institutional funding.
  • This comes as Elementor's intuitive web building platform continues to rapidly extend its market share, with a significant portion of all WordPress sites built last year using its platform.
  • Elementor's mission is to radically simplify web building, enabling web professionals and agencies to unleash their creative and business potential.
  • Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise and Consumer sectors.

Top Web Building Platform Elementor Raises $15 Million in Funding Led By Lightspeed Venture Partners

Wednesday, February 26, 2020 - 1:30pm

TEL AVIV, Israel, Feb. 26, 2020 /PRNewswire/ -- Elementor , the leading WordPress website builder platform, announced today that they raised $15 million from Lightspeed Venture Partners in their first round of institutional funding.

Key Points: 
  • TEL AVIV, Israel, Feb. 26, 2020 /PRNewswire/ -- Elementor , the leading WordPress website builder platform, announced today that they raised $15 million from Lightspeed Venture Partners in their first round of institutional funding.
  • This comes as Elementor's intuitive web building platform continues to rapidly extend its market share, with a significant portion of all WordPress sites built last year using its platform.
  • Elementor's mission is to radically simplify web building, enabling web professionals and agencies to unleash their creative and business potential.
  • Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the Enterprise and Consumer sectors.

Yugabyte Scales to New Heights with the Release of YugabyteDB 2.1

Tuesday, February 25, 2020 - 2:00pm

YugabyteDB 2.1 eliminates wide area network (WAN) latency with the 2DC deployment and read latency with read replicas.

Key Points: 
  • YugabyteDB 2.1 eliminates wide area network (WAN) latency with the 2DC deployment and read latency with read replicas.
  • For enterprise users of the Yugabyte Platform, the commercial self-managed DBaaS offering, creating and managing read replicas is simplified even further.
  • Yugabyte is the company behind YugabyteDB, the open source, high-performance distributed SQL database for building global, internet-scale applications.
  • Founded in 2016 by former Facebook and Oracle engineers, Yugabyte is backed by Lightspeed Venture Partners and Dell Technologies Capital.

Full In Partners Announces Co-Investment in Vinted

Monday, February 24, 2020 - 3:00pm

The full round led by Lightspeed Venture Partners is 128 million and will enable Vinted to further expand their leadership position around Europe.

Key Points: 
  • The full round led by Lightspeed Venture Partners is 128 million and will enable Vinted to further expand their leadership position around Europe.
  • Elodie Dupuy, Co-Founder of Full In Partners commented "At Full In, we aspire to work arm-in-arm with management teams to take generational companies to new heights.
  • "When the company faced difficulties 4 years ago, Elodie introduced me to Vinted," said Vinted CEO Thomas Plantenga.
  • Full In Partners is a new women-led growth equity fund based in New York, founded by Elodie Dupuy, Jess Davis and Eric Tonkyn.

Aquant Raises $30 Million in Series B Led by Insight Partners, To Close the Skills Gap in Service with AI

Thursday, January 30, 2020 - 2:30pm

Aquant, the leading service intelligence platform , announced today the close of a $30 million Series B funding round.

Key Points: 
  • Aquant, the leading service intelligence platform , announced today the close of a $30 million Series B funding round.
  • This latest round of funding was led by Insight Partners with participation from existing investors including Lightspeed Venture Partners, Angular Ventures, and Silvertech Ventures.
  • This makes exceptional service delivery more critical, and more challenging, than ever, said Shahar Chen, CEO and co-founder of Aquant.
  • Aquant is working with some of the largest companies in the world to solve the skills gap crisis in customer service.