Lightspeed

Rephrase.ai Raises $1.5 Million in Seed Funding to Build its AI-Powered Synthetic Media Production Platform

Thursday, September 24, 2020 - 3:15pm

BANGALORE, India, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Rephrase.ai , a synthetic media production platform, launched today with US $1.5 million in seed funding, led by LightSpeed Ventures and AV8 Ventures.

Key Points: 
  • BANGALORE, India, Sept. 24, 2020 (GLOBE NEWSWIRE) -- Rephrase.ai , a synthetic media production platform, launched today with US $1.5 million in seed funding, led by LightSpeed Ventures and AV8 Ventures.
  • The companys generative AI platform enables brand ambassadors to address every customer individually with video content that builds trust and loyalty at scale.
  • The Rephrase.ai engine can generate millions of personalized videos without the production cost and effort of doing it manually in a studio.
  • Rephrase.ai is a Techstars company based in Bangalore, India, and is backed with $1.5 million in funding from Lightspeed Ventures and AV8 Ventures.

Lightspeed Systems® Integrates with Microsoft Teams to Expand Coverage of Leading K-12 Student Safety Monitoring Solution

Monday, September 21, 2020 - 2:10pm

Austin, Texas, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Lightspeed Systems (Lightspeed), the leading K-12 online safety and analytics platform, announces an integration with Microsoft Teams for its safety monitoring solution, Lightspeed Safety Check .

Key Points: 
  • Austin, Texas, Sept. 21, 2020 (GLOBE NEWSWIRE) -- Lightspeed Systems (Lightspeed), the leading K-12 online safety and analytics platform, announces an integration with Microsoft Teams for its safety monitoring solution, Lightspeed Safety Check .
  • Lightspeed Safety Checks integration with Teams allows officials to monitor activity within Teams chat and Teams meeting chat and provides real-time alerts of students exhibiting signs of crisis.
  • Safety Checks integration with Microsoft Teams expands on the critical safety monitoring schools need to protect students and save lives, wherever they are learning.
  • Headquartered in Austin, Texas (with offices in Portland and the U.K.), Lightspeed Systems is the leading online safety and analytics platform for schools.

Lightspeed Systems® - Leader in Online School Safety Software - Launches Portal Giving Parents an Inside Look at Student’s Online Activity

Thursday, September 17, 2020 - 2:05pm

Austin, Texas, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Lightspeed Systems (Lightspeed), the leading K-12 online safety and analytics platform, is debuting a new Parent Portal to help parents monitor their childs online activity on school-issued devices.

Key Points: 
  • Austin, Texas, Sept. 17, 2020 (GLOBE NEWSWIRE) -- Lightspeed Systems (Lightspeed), the leading K-12 online safety and analytics platform, is debuting a new Parent Portal to help parents monitor their childs online activity on school-issued devices.
  • The Lightspeed Parent Portal, available now and included free with the Lightspeed Systems web filter, makes it easy for busy parents to keep track of their childs internet activity.
  • Headquartered in Austin, Texas (with offices in Portland and the U.K.), Lightspeed Systems is the leading online safety and analytics platform for schools.
  • Lightspeed serves over 15 million students in 35 countries and 28,000 schools globally, including 6,500 school districts in the United States.

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.

Lightspeed Announces Closing of US$397.7 Million Initial Public Offering in the United States

Tuesday, September 15, 2020 - 7:53pm

MONTREAL, Sept. 15, 2020 /PRNewswire/ -Lightspeed POS Inc. ("Lightspeed" or the "Company") (NYSE: LSPD) (TSX:LSPD) today announced the closing of its previously-announced marketed public offering of subordinate voting shares in the United States and Canada, representing Lightspeed's initial public offering in the United States.

Key Points: 
  • MONTREAL, Sept. 15, 2020 /PRNewswire/ -Lightspeed POS Inc. ("Lightspeed" or the "Company") (NYSE: LSPD) (TSX:LSPD) today announced the closing of its previously-announced marketed public offering of subordinate voting shares in the United States and Canada, representing Lightspeed's initial public offering in the United States.
  • Lightspeed (NYSE and TSX: LSPD) powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries.
  • Headquartered in Montreal, Canada, Lightspeed is trusted by favorite local businesses worldwide, where communities go to shop and dine.
  • Readers cannot be assured that the offering discussed above will be completed on the terms described above, or at all.

Lightspeed Announces Pricing of Initial Public Offering in The United States

Friday, September 11, 2020 - 4:45am

MONTREAL, Sept. 10, 2020 /PRNewswire/ -Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX:LSPD) today announced the pricing of its previously-announced marketed public offering of subordinate voting shares in the United States and Canada.

Key Points: 
  • MONTREAL, Sept. 10, 2020 /PRNewswire/ -Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX:LSPD) today announced the pricing of its previously-announced marketed public offering of subordinate voting shares in the United States and Canada.
  • The offering is expected to close on September 15, 2020, subject to customary closing conditions.
  • Lightspeed will not receive any of the proceeds of the sale of subordinate voting shares by the selling shareholders.
  • Readers cannot be assured that the offering discussed above will be completed on the terms described above, or at all.

Lightspeed Financial Services Group and Score Priority Corporation Reach a Purchase Agreement for Lightspeed HFT Assets

Wednesday, September 9, 2020 - 5:00pm

NEW YORK, Sept. 9, 2020 /PRNewswire-PRWeb/ --Lightspeed Financial Services Group (LFSG) and Score Priority Corporation (SPC) are pleased to announce an agreement for SPC's acquisition of Lightspeed's High Frequency Trading assets (Lime).

Key Points: 
  • NEW YORK, Sept. 9, 2020 /PRNewswire-PRWeb/ --Lightspeed Financial Services Group (LFSG) and Score Priority Corporation (SPC) are pleased to announce an agreement for SPC's acquisition of Lightspeed's High Frequency Trading assets (Lime).
  • Score Priority will absorb and leverage the Lime assets into its existing business lines and technological infrastructure.
  • Lightspeed Financial Group's CEO, Farid Naib, comments "Lightspeed is the home of professional traders.
  • Score Priority is a diverse financial services organization, offering a full suite of services for active retail, professional and institutional clients.

Lightspeed Announces Initial Public Offering in the United States

Wednesday, September 9, 2020 - 2:07pm

MONTREAL, Sept. 9, 2020 /PRNewswire/ -Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX:LSPD) today announced the launch of a marketed public offering of Lightspeed's subordinate voting shares in the United States and Canada, representing Lightspeed's initial public offering in the United States.

Key Points: 
  • MONTREAL, Sept. 9, 2020 /PRNewswire/ -Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX:LSPD) today announced the launch of a marketed public offering of Lightspeed's subordinate voting shares in the United States and Canada, representing Lightspeed's initial public offering in the United States.
  • In connection with the initial public offering in the United States, Lightspeed has filed an application to list its subordinate voting shares on the New York Stock Exchange (the "NYSE") under the ticker "LSPD".
  • Trading of Lightspeed's subordinate voting shares is expected to commence on the NYSE following pricing of the offering.
  • The offering will be priced in the context of the market with the price and total size of the offering to be determined at the time of entering into an underwriting agreement for the offering.

Lightspeed Appoints Merline Saintil to its Board of Directors

Thursday, September 3, 2020 - 12:00pm

Former Intuit executive and Silicon Valley veteran joins as Lightspeed spearheads the digital transformation of SMBs in the retail, hospitality, and golf industries

Key Points: 
  • Former Intuit executive and Silicon Valley veteran joins as Lightspeed spearheads the digital transformation of SMBs in the retail, hospitality, and golf industries
    MONTRAL, Sept. 3, 2020 /PRNewswire/ - Lightspeed (TSX: LSPD), a global commerce leader, today announced the appointment of internationally recognized technology and engineering leader Merline Saintil to its board of directors.
  • "It is an absolute privilege to have Merline Saintil join our board of directors and bring her experience in Silicon Valley to support our ambitious goals here at Lightspeed," said Dax Dasilva, Lightspeed founder and CEO.
  • During COVID-19, Lightspeed has shared industry knowledge through an online resource guide that continues to protect and serve SMBs.
  • Lightspeed (TSX: LSPD) powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries.

Finix Extends Series B to $75 Million to Help SaaS Companies Build Better Digital Payments Experiences

Wednesday, August 26, 2020 - 1:50pm

SAN FRANCISCO, Aug. 26, 2020 /PRNewswire/ --Finix, the payments infrastructure company, has raised additional funding to help vertical Software-as-a-Service (SaaS) providers and fintech companies build better payments experiences for their merchants, bringing Finix's total funding to $96 million to date.

Key Points: 
  • SAN FRANCISCO, Aug. 26, 2020 /PRNewswire/ --Finix, the payments infrastructure company, has raised additional funding to help vertical Software-as-a-Service (SaaS) providers and fintech companies build better payments experiences for their merchants, bringing Finix's total funding to $96 million to date.
  • "Businesses everywhere are turning to digital payments and SaaS tools to manage the challenges and changes brought on by the pandemic.
  • The new capital allows us to bring in top-tier talent and more quickly pursue our goal of turning all software companies into payments companies."
  • Built by payments experts from Klarna, PayPal, and Worldpay, Finix is trusted by companies like Lightspeed POS Inc., Passport, and Clubessential to build and scale their payments infrastructure.