Posts filtered by tags: Lightspeed Venture Partners[x]


 

Exabeam picks up $75 mln Series E

San Mateo, California-based Exabeam, a smarter SIEM company, has secured $75 million in Series E funding. Sapphire Ventures and Lightspeed Venture Partners led the round. Source: Press Release    
Tags: Trends, Lightspeed Venture Partners, Sapphire Ventures, San Mateo California, VC Deals, Exabeam


Exabeam Raises $75M To Compete With Splunk, Other Security Leaders

Landing its second shot of new capital in less than a year, cybersecurity startup Exabeam announced today it secured $75 million in a Series E funding round co-led by new investor Sapphire Ventures and returning investor Lightspeed Venture Partners.San Mateo, CA-based Exabeam says the cash boost will fund its competitive push in a cybersecurity specialty called SIEM, or security information and event management. SIEM companies make software that captures data streaming from machines, such as ne...
Tags: Deals, Startups, Mobile, Hardware, Internet, Entrepreneurship, Cloud Storage, Funding, San Francisco, Trends, Tech, Web, It, Cybersecurity, Data Breach, Vc


Where top VCs are investing in media, entertainment & gaming

Most of the strategy discussions and news coverage in the media & entertainment industry is concerned with the unfolding corporate mega-mergers and the political implications of social media platforms. These are important conversations, but they’re largely a story of twentieth-century media (and broader society) finally responding to the dominance Web 2.0 companies have achieved. To entrepreneurs and VCs, the more pressing focus is on what the next generation of companies to transform entertainm...
Tags: Apple, Google, Fundings & Exits, Startups, TC, Gaming, Facebook, Spotify, Video, Media, Instagram, Entertainment, Funding, Sports, Tech, Netflix


Andreessen Horowitz leads Series E round for Carta

Carta, which helps companies manage their equity, has raised $300 million in Series E funding, according to a blog post on its site. Andreessen Horowitz led the round with participation from other investors that included Lightspeed Venture Partners and Goldman Sachs Principal Strategic Investments. In conjunction with the funding, Marc Andreessen is joining Carta’s board.
Tags: Trends, Andreessen Horowitz, Lightspeed Venture Partners, Marc Andreessen, Carta, VC Deals, Goldman Sachs Principal Strategic Investments


Carta was just valued at $1.7 billion by Andreessen Horowitz, in a deal some see as rich

Carta, a seven-year-old, San Francisco-based startup, is the newest unicorn in tech. The company, which helps private and public companies, investors and employees manage their equity and ownership, tells TechCrunch it has raised $300 million in a Series E round at a $1.7 billion valuation, led by Andreessen Horowitz. Firm co-founder Marc Andreessen is also joining the board. The round has been a poorly kept secret. The outlet The Information reported more than a month ago the details that Carta...
Tags: Startups, TC, Finance, San Francisco, Tech, Andreessen, Canada, SEC, Goldman Sachs, Andreessen Horowitz, Morgan Stanley, Lightspeed Venture Partners, Marc Andreessen, Nyse, Ward, U S


The Great Firewall didn’t help Chinese startups says VC Hans Tung; how Chinese startups beat those from the US

Chinese startups won against their US competitors despite their government, and not because of it, Hans Tung, Managing Partner of GGC Capital said yesterday at the India Internet Day conference organised by TiE Delhi. Tung was being interviewed by Dev Khare, MD at Lightspeed Venture Partners, who... ...
Tags: Travel, News, US, Lightspeed Venture Partners, Hans Tung, Dev Khare, TiE India Internet Day, GGC Capital, Delhi Tung


How-to video maker Jumprope launches to leapfrog YouTube

Sick of pausing and rewinding YouTube tutorials to replay that tricky part? Jumprope is a new instructional social network offering a powerful how-to video slideshow creation tool. Jumprope helps people make step-by-step guides to cooking, beauty, crafts, parenting and more using voice-overed looping GIFs for each phase. And creators can export their whole lesson for sharing on Instagram, YouTube, or wherever. Jumprope officially launches its iOS app today with plenty of how-tos for making ch...
Tags: Google, Social, Food, Fundings & Exits, Startups, TC, Mobile, Ecommerce, Apps, Video, Diy, Pinterest, Instagram, Education, Youtube, Funding


Mutiny at HQ Trivia fails to oust CEO

This week’s banishment of host Scott Rogowsky was merely a symptom of the ongoing struggle to decide who will lead HQ Trivia. According to multiple sources, over half of the startup’s staff signed an internal petition to depose CEO Rus Yusupov who they saw as mismanaging the company. But Yusupov then fired three core supporters of the mutiny, leading to a downward spiral of morale that mirrors HQ’s plummeting App Store rank. TechCrunch spoke to multiple sources familiar with HQ Trivia’s inter...
Tags: Social, Startups, TC, Mobile, Facebook, Apps, Twitter, Video, China, Funding, Tech, Vine, Jeremy, Lightspeed Venture Partners, TechCrunch, Lightspeed


Dote raises $12M and introduces live-streamed Shopping Parties

Mobile shopping startup Dote is announcing $12 million in new funding, as well as a new feature called Shopping Party. Founder and CEO Lauren Farleigh said her initial goal was to create “a truly native mobile experience” that made it “easy to check out across a lot of different stores.” Over time, recommendations from social media influencers have become a big part of the app. With Shopping Party, they’re taking center stage — the feature allows them to share live video while browsing different...
Tags: Apple, Social, Startups, Mobile, Ecommerce, Shopping, Funding, Tech, Lightspeed Venture Partners, Influencer Marketing, Fiji, Goodwater Capital, Eric Kim, Pocket Gems, Lauren Farleigh, Farleigh


Dote raises $12M and introduces livestreamed Shopping Parties

Mobile shopping startup Dote is announcing $12 million in new funding, as well as a new feature called Shopping Party. Founder and CEO Lauren Farleigh said her initial goal was to create “a truly native mobile experience” that made it “easy to check out across a lot of different stores.” Over time, recommendations from social media influencers have become a big part of the app. With Shopping Party, they’re taking center stage — the feature allows them to share live video while browsing different...
Tags: Apple, Social, Startups, Mobile, Ecommerce, Shopping, Funding, Tech, Lightspeed Venture Partners, Influencer Marketing, Fiji, Goodwater Capital, Eric Kim, Lauren Farleigh, Farleigh, Dote


Container security startup Aqua lands $62M Series C

Aqua Security, a startup that helps customers launch containers securely, announced a $62 million Series C investment today led by Insight Partners. Existing investors Lightspeed Venture Partners, M12 (Microsoft’s venture fund), TLV Partners and Shlomo Kramer also participated. With today’s investment, the startup’s investments since inception now total over $100 million, according to the company. Early investors took a chance on the company when it was founded in 2015. Containers were barely a ...
Tags: Security, Startups, TC, Enterprise, Microsoft, Boston, Funding, Israel, Tel Aviv, Tech, Lightspeed Venture Partners, Containerization, Kubernetes, Davidoff, TLV Partners, Shlomo Kramer


Online catering marketplace ezCater inks $150 mln

ezCater, an online catering marketplace, has raised a $150 million in Series D-1 funding. Lightspeed Venture Partners and GIC led the round. Source: Press Release
Tags: Trends, Lightspeed Venture Partners, GIC, VC Deals


EzCater Celebrates “Unicorn” Status After $150M Funding Round

Stefania Mallett was sitting at her kitchen table when she wrapped up the details behind her catering technology startup ezCater’s latest funding round, a $150 million investment.Mallett shared the details to her husband before the size of the occasion sank in.“I’m busy, already onto the next thing. He said, ‘Wait, that is a big number.’ I looked at him and it dawned on me: ‘That is a big number,'” Mallett recalled.That figure is the software company’s latest valuation by its investors: $1.25 b...
Tags: Deals, Boston, Restaurants, Singapore, CA, Trends, Tech, Vc, Paris, Vancouver, Tiger Global, Denver, Lightspeed Venture Partners, Iconiq Capital, Unicorn, Insight Venture Partners


Online catering marketplace ezCater gets another $150M at a $1.25B valuation

In 2007, Stefania Mallett and Briscoe Rodgers conceived of ezCater, an online marketplace for business catering, and began building the company in Mallet’s Boston home, mostly at her kitchen table. Recently, sitting at that same table, Mallett negotiated with Brad Twohig of Lightspeed Venture Partners the final terms of a $150 million Series D-1 at a $1.25 billion valuation. Lightspeed, alongside GIC, co-led the round, with participation from Light Street Capital, Wellington Management, IC...
Tags: Boston, Tech, Lightspeed Venture Partners, Expedia, Lightspeed, Rodgers, GIC, Mallett, Mallet, Stefania Mallett, Briscoe Rodgers, Brad Twohig, WeWork Labs, Monkey Group, Stefania Mallett Mallett


Jeff Bezos' investigator thinks Saudi Arabia hacked his cell phone — here's how it could have happened (AMZN)

Amazon CEO Jeff Bezos' personal security consultant Gavin de Becker believes Saudi Arabia had access to Bezos' phone, according to an op-ed published by de Becker on Saturday in The Daily Beast. While de Becker didn't say how the Saudis gained access to his phone, the country has been accused in the past of using advanced spyware to track its adversaries. Some of that spyware comes from NSO Group, an Israeli company valued at $1 billion that sells technology that can track texts, emails, calls...
Tags: Amazon, Facebook, Mexico, Saudi Arabia, US, Trends, New York Times, United Arab Emirates, Pegasus, Silicon Valley, Jeff Bezos, Times, Skype, Istanbul, Lightspeed Venture Partners, Uae


VC-backed People.ai adds ex-Splunk CEO to board

San Francisco-based People.ai, a creator of an AI-powered revenue intelligence system, has named Godfrey Sullivan to its board of directors. Sullivan is the former CEO of Splunk Inc. People.ai’s backers include Y Combinator, Andreessen Horowitz and Lightspeed Venture Partners. PRESS RELEASE SAN FRANCISCO, CA — March 28, 2019 – People.ai, creators of the only Revenue Intelligence System powered by AI, today announced Godfrey Sullivan has joined its board of directors. As the former CEO of Splunk,...
Tags: Ipo, San Francisco, Trends, People, Gartner, Silicon Valley, Andreessen Horowitz, Oracle, Lightspeed Venture Partners, Splunk, Lightspeed Ventures, Sullivan, Godfrey, Oleg, Citrix Systems, Informatica


10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Facebook banned white nationalism and white separatism from its platform. Facebook Counterterrorism Policy Director Brian Fishman told Motherboard that white nationalist and white separatist speech will now be treated the same was as white supremacist content. Lyft raised its IPO price range ahead of its expected IPO this week. The ride-hailing company is expected to price its IPO officially on Thursday night and is expected t...
Tags: Google, Facebook, Elon Musk, UK, Instagram, North Korea, Ipo, US, Trends, Tesla, Ibm, Silicon Valley, Motherboard, Donald Trump, Lightspeed Venture Partners, Sundar Pichai


A prominent Silicon Valley VC was 'terminated' from Lightspeed Venture Partners after admitting a link to the college admissions scandal

Silicon Valley venture capitalist Chris Schaepe has left Lightspeed Venture Partners after disclosing a link to the college admissions cheating scandal. Schaepe allegedly made donations to a foundation run by disgraced college admissions coach Rick Singer — totalling more than $630,000 — to help get his son into the University of Texas. Schaepe was not arrested in connection with the scandal, and he told Axios in a statement that he didn't knowingly participate in any bribery schemes. Lightsp...
Tags: Google, Trends, David, Silicon Valley, Lightspeed Venture Partners, Chris, Lightspeed, University of Texas, Justin Caldbeck, Chris Schaepe, Axios, Jenny Chiu, Rick Singer, Michael Center, Schaepe, University of Texas Schaepe


Lightspeed cofounder Chris Schaepe is out over college admissions scandal, after being exposed by sports blogger

Silicon Valley venture capitalist Chris Schaepe is out at Lightspeed Venture Partners, after telling his partners about having hired Rick Singer, the Newport Beach, Ca., businessman in the middle of the college bribery scandal. According to Axios, which broke the news of Schaepe’s departure, Schaepe insists he didn’t knowingly participate in any bribery schemes, but that he had hired Singer to help with his son’s college admissions process, paying a hefty $176,000 for his services. Specifically,...
Tags: Startups, TC, Drama, Bloomberg, Fbi, Austin, Venture Capital, Nba, Silicon Valley, Lightspeed Venture Partners, John Doerr, Chris, Lightspeed, Kevin Durant, UT, University of Texas


Lightspeed co-founder Chris Schaepe is out over college admissions scandal, after being exposed by sports blogger

Silicon Valley venture capitalist Chris Schaepe is out at Lightspeed Venture Partners, after telling his partners about having hired Rick Singer, the Newport Beach, Calif., businessman in the middle of the college bribery scandal. According to Axios, which broke the news of Schaepe’s departure, Schaepe insists he didn’t knowingly participate in any bribery schemes, but that he had hired Singer to help with his son’s college admissions process, paying a hefty $630,000 via cash and stock donations...
Tags: TC, Drama, Tech, Bloomberg, Fbi, Austin, Venture Capital, Nba, Silicon Valley, Lightspeed Venture Partners, Kleiner Perkins, John Doerr, Chris, Lightspeed, Bill Mcglashan, Kevin Durant


Lightspeed co-founder Chris Schaepe is out over college admissions scandal; a sports blogger exposed his son’s involvement

Silicon Valley venture capitalist Chris Schaepe is out at Lightspeed Venture Partners, after telling his partners about having hired Rick Singer, the Newport Beach, Calif., businessman in the middle of the college bribery scandal. According to Axios, which broke the news of Schaepe’s departure, Schaepe insists he didn’t knowingly participate in any bribery schemes, but that he had hired Singer to help with his son’s college admissions process, paying a hefty $630,000 via cash and stock donations...
Tags: TC, Drama, Tech, Bloomberg, Fbi, Austin, Venture Capital, Nba, Silicon Valley, Lightspeed Venture Partners, Kleiner Perkins, John Doerr, Chris, Lightspeed, Bill Mcglashan, Kevin Durant


To fund Y Combinator’s top startups, VCs scoop them before Demo Day

Hundreds gathered this week at San Francisco’s Pier 48 to see the more than 200 companies in Y Combinator’s Winter 2019 cohort present their two-minute pitches. The audience of venture capitalists, who collectively manage hundreds of billions of dollars, noted their favorites. The very best investors, however, had already had their pick of the litter. What many don’t realize about the Demo Day tradition is that pitching isn’t a requirement; in fact, some YC graduates skip out on their stage oppo...
Tags: Google, San Francisco, Tech, Tesla, Zenefits, Silicon Valley, Sam Altman, Lightspeed Venture Partners, Latin America, Khosla, Khosla Ventures, Catch, Accel, Peter Rojas, Yc, Bay Area


Abstract raises $20 mln

Abstract said March 20 that it raised $30 million in Series C funding led by Lightspeed Venture Partners. Existing investors Scale Venture Partners, Amplify Partners, and Cowboy Ventures participated in the round. Abstract provides a design workflow platform that supports modern product design teams. PRESS RELEASE SAN FRANCISCO, March 20, 2019 /PRNewswire/ — Abstract, the git-enabled design workflow platform that already supports thousands of modern product design teams, has raised $30M in Serie...
Tags: San Francisco, Trends, Lightspeed Venture Partners, Lightspeed, Opentable, SAML, VC Deals, Josh Brewer, Nakul Mandan, Josh Kevin, Lightspeed Venture Partners Existing, Nakul Mandan Partner, Kellen Mannion


Blameless raises $20 mln

Blameless said March 20 that it raised $20 million in funding from Lightspeed Venture Partners and Accel, as well as strategic investors. Blameless is a site reliability engineering company. PRESS RELEASE SAN MATEO, Calif. – March 20, 2019 – Blameless, the SRE (Site Reliability Engineering) company, today announced that it has raised $20 million in seed and Series A funding from top VC firms Lightspeed Venture Partners and Accel, and strategic investors. The company will use the funding to deliv...
Tags: Microsoft, Yahoo, Trends, Lightspeed Venture Partners, Accel, Lightspeed, San Mateo Calif, Mulesoft, VC Deals, SRE, Ravi Mhatre, Vas Natarajan, Ashar Rizqi, COO Lyon Wong, SRE Site Reliability Engineering, Lyon Wong COO


Abstract, a versioning platform that helps designers work like developers, raises $30M

Design and engineering are two sides of the same coin when it comes to building software and hardware, and yet — unlike engineers, who can use services like GitHub, Bitbucket, GitLab or many others to help manage their development process — it’s traditionally been slim pickings for designers when it comes to tools to manage the iterations and collaborations that are a part of their workflow. Now, we are seeing a rising wave of startups responding to that vacuum in the market. In the latest devel...
Tags: TC, Design, Enterprise, Developer, Funding, Tech, Workflow, Collaboration, Smith, TCUK, Lightspeed Venture Partners, Sdk, Invision, Lightspeed, Abstract, Kevin Smith


Justin Caldbeck sues Binary Capital co-founder Jonathan Teo for breach of contract and fiduciary duty, fraud and more

Embattled venture capitalist Justin Caldbeck (pictured) is suing his former co-Binary Capital founder Jonathan Teo, alleging breach of contract, fraud and more. Caldbeck, accused of sexual harassment and unwanted sexual advances in 2017, took an indefinite leave of absence from Binary Capital, leaving to Teo all the responsibilities of the $175 million fund. Shortly after, Teo offered to step down in a last-ditch effort to keep the firm afloat. Ultimately, Binary Capital shut down and New Yor...
Tags: New York, Tech, Silicon Valley, Lightspeed Venture Partners, Forbes, Teo, Jonathan Teo, Justin Caldbeck, Binary Capital, Lerer Hippeau, Sherpa Capital, Dia Co, Caldbeck, Ultimately Binary Capital, Superior Court of The State of California Caldbeck, Justin Caldbeck Caldbeck


Justin Caldbeck sues Binary Capital co-founder Jonathan Teo, claiming he ‘made no effort to save the firm’

Embattled venture capitalist Justin Caldbeck (pictured) is suing his former co-Binary Capital founder Jonathan Teo, alleging breach of contract, fraud and more. Caldbeck, accused of sexual harassment and unwanted sexual advances in 2017, took an indefinite leave of absence from Binary Capital, leaving to Teo all the responsibilities of the $175 million fund. Shortly after, Teo offered to step down in a last-ditch effort to keep the firm afloat. Ultimately, Binary Capital shut down and New Yor...
Tags: New York, Tech, Silicon Valley, Lightspeed Venture Partners, Forbes, Teo, Jonathan Teo, Justin Caldbeck, Binary Capital, Lerer Hippeau, Sherpa Capital, Dia Co, Caldbeck, Ultimately Binary Capital, Superior Court of The State of California Caldbeck, Justin Caldbeck Caldbeck


Early-Stage VC Firm Sorenson Ventures Closes Inaugural Fund at $110M

Sorenson Ventures, an offshoot of Utah private equity firm Sorenson Capital, announced today it has closed its first fund with more than $110 million to invest in early-stage security and enterprise software companies.The young venture capital firm was formed in 2017 by Sorenson Capital, which recruited former Intel Capital executive Ken Elefant as managing director. Elefant shares leadership of the VC spinout with Sorenson Capital’s managing director Rob Rueckert. The pairing was a reunion for...
Tags: Startups, Utah, Entrepreneurship, Funding, San Francisco, Trends, Tech, Cybersecurity, Vc, Venture Capital, Machine Learning, Silicon Valley, Financing, Lightspeed Venture Partners, Investor, Intel Capital


Mobile-Tech Company Affirmed Networks Raises $38M To Chase 5G Future

Affirmed Networks, a mobile systems software company based in Acton, MA, has raised $38 million in a strategic funding round led by Palo Alto-based Centerview Capital Technology to help it expand into more regions around the globe and invest in new products.The company, founded in 2010, says it develops virtualized and cloud-native network software that helps mobile network providers manage traffic in ways that previously required expensive hardware. Affirmed says it has 100 customers, includin...
Tags: Deals, Mobile, Boston, Massachusetts, Trends, Tech, Palo Alto, T-Venture, Venture Capital, 4G, Lightspeed Venture Partners, Network Virtualization, 5g, VCs, Qualcomm Ventures, Matrix Partners


Google acquires cloud migration platform Alooma

Google today announced its intention to acquire Alooma, a company that allows enterprises to combine all of their data sources into services like Google’s BigQuery, Amazon’s Redshift, Snowflake and Azure. The promise of Alooma is that handles the data pipelines and manages for its users. In addition to this data integration service, though, Alooma also helps with migrating to the cloud, cleaning up this data and then using it for AI and machine learning use cases. “Here at Google Cloud, we...
Tags: Google, Cloud, Technology, Enterprise, Tel Aviv, Tech, Companies, Artificial Intelligence, Sequoia Capital, Lightspeed Venture Partners, Google Cloud Platform, World Wide Web, Online Advertising, SUNNYVALE, Google Cloud, Alooma