Lightspeed

DAVO Partners with Lightspeed to Fully Manage Sales Tax for Restaurants and Retailers in the U.S.

Retrieved on: 
Wednesday, November 18, 2020

Lightspeed customers can now enjoy a fully automated, hands-off sales tax management solution, freeing up valuable time while also being protected from large late payment fines from the state.

Key Points: 
  • Lightspeed customers can now enjoy a fully automated, hands-off sales tax management solution, freeing up valuable time while also being protected from large late payment fines from the state.
  • DAVO Sales Tax sets aside their sales tax funds daily, then files and pays them to the state when due every month or every quarter.
  • DAVO Sales Tax is available on Lightspeed Restaurantand Lightspeed Retail for $39.99 per month per location.
  • DAVO puts sales tax on autopilot by using sales data from retailer POS systems to set aside the exact amount of sales tax collected daily and then filing it and paying it when it's due.

Altos Digital Announces Integration with CDK Global's Lightspeed DMS

Retrieved on: 
Wednesday, November 18, 2020

SCOTTSDALE, Ariz., Nov. 18, 2020 /PRNewswire/ --Altos Digital, a provider of ecommerce software and services, announced today that it has become a Certified Vendor with CDK Global's Lightspeed Dealership Management System (DMS).

Key Points: 
  • SCOTTSDALE, Ariz., Nov. 18, 2020 /PRNewswire/ --Altos Digital, a provider of ecommerce software and services, announced today that it has become a Certified Vendor with CDK Global's Lightspeed Dealership Management System (DMS).
  • This certification enables Altos Digital's ecommerce applications to integrate with the CDK Lightspeed EVO platform to provide Powersports, RV, and Marine dealers a streamlined connection between systems for selling online.
  • "Powersports, RV, and Marine dealers using Lightspeed DMS and Altos Digital's software applications can easily sell parts and accessories online with this integration," said Ray Lucchesi, Altos Digital founder.
  • Altos Digital supplies software and services to help merchants sell online.

Lightspeed POS Inc. to Participate in Upcoming Virtual Investor Conferences

Retrieved on: 
Monday, November 16, 2020

Lightspeed (NYSE and TSX: LSPD) powers complex small and medium-sized businesses with its cloud-based, omnichannel commerce platforms in over 100 countries.

Key Points: 
  • 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.
  • 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 their communities go to shop and dine.

FortressIQ Reports Banner Growth Year, Strengthening Mission of Empowering Modern Enterprises to Decode Work

Retrieved on: 
Wednesday, November 11, 2020

This has been a considerable year of growth for FortressIQ, and were working to constantly uncover new and innovative ways to support our customers throughout their business transformation journeys, said Pankaj Chowdhry, CEO at FortressIQ.

Key Points: 
  • This has been a considerable year of growth for FortressIQ, and were working to constantly uncover new and innovative ways to support our customers throughout their business transformation journeys, said Pankaj Chowdhry, CEO at FortressIQ.
  • To see FortressIQ in action, request a demo or tune in for a live bi-weekly webinar and Q&A session.
  • FortressIQ enables enterprises to decode work, transform experiences, and enhance workflows with the industrys most advanced process intelligence platform.
  • FortressIQ was founded in 2017, and is backed by Lightspeed Venture Partners, Boldstart Ventures, Comcast Ventures, Eniac Ventures, M12 and Tiger Global.

Lightspeed to Acquire ShopKeep to Accelerate Digital Transformation of SMBs Across the United States

Retrieved on: 
Thursday, November 5, 2020

(NYSE:LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire ShopKeep Inc .

Key Points: 
  • (NYSE:LSPD) (TSX: LSPD), a leading provider of cloud-based, omnichannel commerce platforms, today announced it has entered into a definitive agreement to acquire ShopKeep Inc .
  • The scale achieved by the combination of Lightspeed and ShopKeep presents retail and restaurant business owners in the United States with enhanced resources to pivot their operations.
  • Following the closing of the acquisition, Lightspeed will serve over 100,000 customer locations1 worldwide, generating approximately $33 billion USD in gross transaction volume2 (GTV).
  • 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.

Edge Data Solutions, Inc. Adds Joshua Holmes, Managing Partner of Lightspeed Hosting, LLC to the Advisory Board

Retrieved on: 
Wednesday, November 4, 2020

In addition to being a managing partner of Lightspeed Hosting, LLC Joshua is also the CEO of Ethode Web & Mobile Development, that has been in business since 2003.

Key Points: 
  • In addition to being a managing partner of Lightspeed Hosting, LLC Joshua is also the CEO of Ethode Web & Mobile Development, that has been in business since 2003.
  • Lightspeed Hosting offers cloud servers, fiber internet access, virtual desktop and colocation services with superior network hardware and redundancy for clients.
  • Joshua brings a long track record of success in building, managing, servicing datacenters and clients, explains CEO Delray Wannemacher.
  • EDSIs proprietary Edge Performance Platform (EPP) allows us to deploy next generation edge datacenters where they are needed most.

Curve Health Raises $6M Seed Round Led by Lightspeed Venture Partners, Hires Top 50 Healthcare Technology CEO, Rob MacNaughton

Retrieved on: 
Thursday, October 29, 2020

Curve's latest funding round is accompanied by the announcement of Rob MacNaughton, nationally recognized top 50 healthcare technology executive [ The Healthcare Technology Report ], as the company's CEO.

Key Points: 
  • Curve's latest funding round is accompanied by the announcement of Rob MacNaughton, nationally recognized top 50 healthcare technology executive [ The Healthcare Technology Report ], as the company's CEO.
  • MacNaughton adds payor and healthcare system experience to a seasoned post-acute team.
  • Previously, MacNaughton was Vice President of Hospital Operations with Banfield Pet Hospital, and founder and CEO of Columbia Care LLC, a regional home health and hospice supportive care provider.
  • Lightspeed and its affiliates currently manage $10.5B across the global Lightspeed platform, with investment professionals and advisors in Silicon Valley, Israel, India, China, Southeast Asia, and Europe.

Hubilo Raises $4.5 Million From Lightspeed to Build the World’s First Intelligent Hub for Virtual Events

Retrieved on: 
Tuesday, October 27, 2020

Unlike many of its competitors that focus only on event management software, Hubilo is building a system of record for virtual events.

Key Points: 
  • Unlike many of its competitors that focus only on event management software, Hubilo is building a system of record for virtual events.
  • Our vision is to build the worlds smartest platform for virtual events that brings Experience + Intelligence together, shared Vaibhav Jain, Founder & CEO of Hubilo.
  • Hubilo will become as critical to events as Salesforce is for sales and HubSpot for marketing, added Hemant Mohapatra, Partner at Lightspeed.
  • Since 2000, Lightspeed has backed entrepreneurs and helped build companies of tomorrow, including Snap, Affirm, OYO, Nutanix, Byjus, and Udaan.

Collaboration Security and Compliance Leader Theta Lake Raises $12.7 Million In Series A Funding, Led by Lightspeed Venture Partners

Retrieved on: 
Tuesday, October 27, 2020

Lightspeed Venture Partners led the round with participation by Cisco Investments, notable angel investors from the enterprise collaboration and security space, and previous investors Neotribe Ventures, Firebolt Ventures and WestWave Capital.

Key Points: 
  • Lightspeed Venture Partners led the round with participation by Cisco Investments, notable angel investors from the enterprise collaboration and security space, and previous investors Neotribe Ventures, Firebolt Ventures and WestWave Capital.
  • The Theta Lake platform addresses our need to cover safety and compliance across multiple new communication tools with complete coverage for video, voice, chat and more.
  • As part of todays announcement, Arif Janmohamed, Partner at Lightspeed Venture Partners, will join the Theta Lake Board of Directors.
  • The need for security and compliance solutions that fully cover modern collaboration tools should be obvious to everyone, said Devin Redmond, CEO and Co-founder of Theta Lake.

Eightfold AI Raises $125M Series D Funding Round to Provide the Right Career for Everyone in the World

Retrieved on: 
Tuesday, October 27, 2020

MOUNTAIN VIEW, Calif., Oct. 27, 2020 /PRNewswire/ -- Eightfold AI today announced that it has raised a $125M Series D funding round.

Key Points: 
  • MOUNTAIN VIEW, Calif., Oct. 27, 2020 /PRNewswire/ -- Eightfold AI today announced that it has raised a $125M Series D funding round.
  • The funding round is led by General Catalyst and also includes investors from previous rounds, including Capital One Ventures, Foundation Capital, IVP and Lightspeed Venture Partners.
  • Eightfold has more than quadrupled its sales since the last round of equity funding in April 2019.
  • "Our mission is to leverage our expertise in AI to provide the right career for everyone in the world," said Ashutosh Garg, Founder & CEO at Eightfold.