Lightspeed

Lightspeed Systems® Honored in Built In’s 2021 Best Places to Work in Austin Awards

Retrieved on: 
Thursday, January 7, 2021

The 2021 winners show a commitment not just to creating meaningful cultures but to delivering talent needs as they change in a dynamic landscape.

Key Points: 
  • The 2021 winners show a commitment not just to creating meaningful cultures but to delivering talent needs as they change in a dynamic landscape.
  • The Lightspeed team spans from its headquarters in Austin toitsoffice inthe U.K., with remote employees across the U.S.
    We are thrilled to be honored in Built Ins Best Places to Work in Austin Awards, shares Brian Thomas, President & CEO, Lightspeed Systems.
  • Built Ins esteemed Best Places to Work awards, now in its third year, honor companies across numerous categories: 100 Best Places to Work, 50 Best Small Places to Work, 100 Best Midsize Places to Work, 50 Companies with the Best Benefits and 50 Best Paying Companies.
  • Two new national categories reflect what candidates are searching for, including 100 Best Large Companies to Work For and 50 Best Remote-First Places to Work.

FalconX Announces Investment from American Express Ventures and Discloses Around $3 Billion per Month in Transaction Volumes

Retrieved on: 
Wednesday, December 16, 2020

FalconX , an all-in-one platform for institutions trading cryptocurrency, announced an investment from American Express Ventures.

Key Points: 
  • FalconX , an all-in-one platform for institutions trading cryptocurrency, announced an investment from American Express Ventures.
  • Trading as principal, FalconX provides institutional clients the ability to access cryptocurrency markets seamlessly through a single platform for trading, credit, and clearing.
  • It is a great pleasure to welcome American Express Ventures as we continue to invest in expanding FalconXs product offering.
  • The company is backed by Accel, Accomplice VC, American Express Ventures, Coinbase Ventures, Fenbushi Capital, Flybridge Capital Partners, Lightspeed Venture Partners, and Avon Ventures.

Lightspeed Systems® Closes Tremendous Year of Innovation, Growth, and Recognition

Retrieved on: 
Wednesday, December 16, 2020

Austin, Texas, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Lightspeed Systems (Lightspeed), the leading K-12 online safety and effectiveness solutions provider,closes outayear of tremendous innovation, growth, recognition, andcompany-wide initiativesthat helped schools world-wideprovide safe online learning and maintain learning continuityinayearofunprecedentedchanges to the learning environment.

Key Points: 
  • Austin, Texas, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Lightspeed Systems (Lightspeed), the leading K-12 online safety and effectiveness solutions provider,closes outayear of tremendous innovation, growth, recognition, andcompany-wide initiativesthat helped schools world-wideprovide safe online learning and maintain learning continuityinayearofunprecedentedchanges to the learning environment.
  • For teachersonthe frontlinesofnavigating remote learning, Lightspeed Classroom Management was enhanced with an increase in class sizes,custom one-way messaging, and Zoom integration launcher.
  • 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 38 countries and 28,000 schools globally, including 6,500 school districts in the United States.

Lightspeed Golf Operators in North America Outperform Industry in 2020

Retrieved on: 
Wednesday, December 16, 2020

In contrast, according to the National Golf Foundation (NGF), industry average for rounds played increased by 8.7% (year-over-year, in the same time period).

Key Points: 
  • In contrast, according to the National Golf Foundation (NGF), industry average for rounds played increased by 8.7% (year-over-year, in the same time period).
  • "It also showcases the strong prospects for golf's continued growth in 2021 as course owners remain agile and competitive in the evolving industry."
  • Lightspeed (NYSE and TSX: LSPD) powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries.
  • With smart, scalable and dependable point of sale systems, Lightspeed provides all-in-one solutions that drive innovation and digital transformation within the retail, hospitality and golf industries.

Lightspeed Systems® Awarded Two Patents for Enterprise-Level Filtering Technology

Retrieved on: 
Wednesday, December 9, 2020

As a company, weve worked for over two decadestodevelopthe solutions schools needto ensureonline safety, sharesBrian Thomas,President & CEO,Lightspeed Systems.

Key Points: 
  • As a company, weve worked for over two decadestodevelopthe solutions schools needto ensureonline safety, sharesBrian Thomas,President & CEO,Lightspeed Systems.
  • Lightspeed Systems solutions are used in schools worldwide to protect students online.
  • The Lightspeed Systems solutions suite includes web filtering,student safety alerts,classroom management software, device management, and analytics for any device, anywhere, for a truly comprehensiveecosystem of solutions.
  • Headquartered in Austin, Texas (with offices in Portland and the U.K.), Lightspeed Systems is the leading online safety and analytics platform for schools.

At-Bay Closes Series C to Total $74M Raised in 2020; Announces New Investors Qumra Capital & M12 – Microsoft’s Venture Fund

Retrieved on: 
Tuesday, December 8, 2020

At-Bay , the insurance company for the digital age, today announced the closing of a $34 million Series C, led by Qumra Capital.

Key Points: 
  • At-Bay , the insurance company for the digital age, today announced the closing of a $34 million Series C, led by Qumra Capital.
  • At-Bay also announced M12, Microsofts venture fund, as an investor in the company.
  • At-Bay raised a total of $74 million in 2020, having closed a Series B only nine months ago in March, and $91 million since founding in 2016.
  • At-Bay is backed by Acrew Capital, Khosla Ventures, Lightspeed Venture Partners, M12, Munich Re Ventures and entrepreneur Shlomo Kramer.

Score Priority Corp. Completes Acquisition of Lightspeed Financial Services Group’s Low Latency Execution Technology

Retrieved on: 
Wednesday, December 2, 2020

Score Priority Corp. (Score Priority), a financial technology and brokerage firm offering an institutional-grade experience to individual, professional, and institutional investors and traders, has completed its acquisition of the Lime low latency execution platform from Lightspeed Financial Services Group LLC.

Key Points: 
  • Score Priority Corp. (Score Priority), a financial technology and brokerage firm offering an institutional-grade experience to individual, professional, and institutional investors and traders, has completed its acquisition of the Lime low latency execution platform from Lightspeed Financial Services Group LLC.
  • Both former Lime HFT and technology clients and existing Score Priority clients will benefit from further innovations as Score Priority invests in the battle-tested technology and from a corporate culture that emphasizes treating clients as partners.
  • I am proud of the team we have assembled at Score Priority, which now includes key personnel from Lime, said Tony Huck, CEO of Score Priority.
  • Limes technology allows Score Priority to become a leading provider of low latency execution via a platform optimized for performance and throughput, said Johan Sandblom, Head of Business Development at Score Priority.

Lightspeed Announces Acquisition of Upserve to Further Omnichannel Revolution of American Restaurant Industry

Retrieved on: 
Tuesday, December 1, 2020

RBC Capital Markets acted as financial advisor to Lightspeed on the transaction and William Blair acted as advisor to Upserve.

Key Points: 
  • RBC Capital Markets acted as financial advisor to Lightspeed on the transaction and William Blair acted as advisor to Upserve.
  • Lightspeed (NYSE and TSX: LSPD) powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries.
  • Its product suite enables SMBs to sell across channels, manage operations, engage with consumers, accept payments and ultimately grow their business.
  • Headquartered in Montreal, Canada, Lightspeed is trusted by favorite local businesses worldwide, where communities go to shop and dine.

Lightspeed Announces Closing of Acquisition of ShopKeep

Retrieved on: 
Thursday, November 26, 2020

MONTREAL, Nov. 25, 2020 /PRNewswire/ - Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the closing of the previously-reported acquisition of ShopKeep Inc. (ShopKeep), a leading cloud commerce platform provider based in New York City.

Key Points: 
  • MONTREAL, Nov. 25, 2020 /PRNewswire/ - Lightspeed POS Inc. (NYSE: LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced the closing of the previously-reported acquisition of ShopKeep Inc. (ShopKeep), a leading cloud commerce platform provider based in New York City.
  • Lightspeed finalized the acquisition for consideration of $145.2 million in cash and the issuance of 7,437,397 subordinate voting shares in the capital of Lightspeed, subject to customary post-closing adjustments.
  • Lightspeed has also assumed ShopKeep's stock option plan, with the outstanding stock options thereunder converting into options to purchase 1,254,534 subordinate voting shares in the capital of Lightspeed.
  • With the closing of this acquisition, Lightspeed now serves over 100,000 customer locations worldwide, generating approximately $33 billion in gross transaction volume1 annually, in each case as of September 30, 2020.

Lightspeed Appoints Manon Brouillette to its Board of Directors

Retrieved on: 
Tuesday, November 24, 2020

MONTRAL, Nov. 24, 2020 /PRNewswire/ - Lightspeed POS Inc. , a global commerce leader, today announced the appointment of distinguished technology CEO Manon Brouillette to its board of directors.

Key Points: 
  • MONTRAL, Nov. 24, 2020 /PRNewswire/ - Lightspeed POS Inc. , a global commerce leader, today announced the appointment of distinguished technology CEO Manon Brouillette to its board of directors.
  • "I've had the unique opportunity to closely watch Lightspeed scale its operations on a global level," said Brouillette.
  • "I'm thrilled to join Lightspeed's board of directors during this pivotal moment in the company's history.
  • "We are truly grateful to have Manon Brouillette join our board of directors with her extensive experience establishing and growing technology leaders," said Dax Dasilva, Lightspeed Founder and CEO.