Posts filtered by tags: Lightspeed Venture Partners[x]


 

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


Lightspeed raises $120 mln SPV

Lightspeed Venture Partners has raised a $120 million special purpose vehicle, according to a filing with the SEC. Lightspeed SPV I-B received commitments from eight LPs. The filing is available here.  
Tags: Trends, SEC, Funds, Lightspeed Venture Partners, Lightspeed


Everything we know so far about Verishop, former Snap chief strategy officer Imran Khan's new e-commerce startup that aims to take on Amazon

Former Snap chief strategy officer Imran Khan's new company will be called Verishop, he announced in a Medium post Monday. It aims to create an online retailer that serves customers and brands better than existing e-commerce alternatives. Verishop has signed partnership deals with a number of brands, Business Insider has learned. Former Snap chief strategy officer Imran Khan's new e-commerce company has a name, Verishop, the startup announced in a Medium post Monday. The new venture is "a new...
Tags: Google, Amazon, Trends, Asia Pacific, Imran Khan, Khan, Lightspeed Venture Partners, Business Insider, Lee, SVP, Indego Africa, Paul Cazers, Jason Bosco Dollar Shave Club, Mark Schwartz Goldman Sachs, Verishop, Imran Khan Verishop


Former Snap chief strategy officer Imran Khan makes a key hire for his online shopping startup

Former Snap chief strategy officer Imran Khan is adding to the team behind his new, yet-to-be launched e-commerce startup. The startup has hired talent agent Paul Cazers as its VP of strategic partnerships, Business Insider has learned. It has also roped in former Goldman Sachs Asia-Pacific chairman and WeWork board member Mark Schwartz to be on its board. Former Snap chief strategy officer Imran Khan is bolstering the team behind his e-commerce startup. The still-unnamed startup, which hasn'...
Tags: Google, Amazon, Hollywood, Softbank, Los Angeles, Trends, Imran Khan, Caa, WeWork, Khan, Lightspeed Venture Partners, Wilmington Delaware, Mark Schwartz, Creative Artists Agency CAA, Morris Yorn, Paul Cazers


Snap's former chief strategy officer, Imran Khan, makes a key hire for his online-shopping startup

Snap's former chief strategy officer, Imran Khan, is adding to the team behind his new, unlaunched e-commerce startup. The startup has hired the talent agent Paul Cazers as its vice president of strategic partnerships, Business Insider has learned. It has also roped in Mark Schwartz, Goldman Sachs' former Asia-Pacific chairman and a WeWork board member, to be on its board. Snap's former chief strategy officer, Imran Khan, is bolstering the team behind his e-commerce startup. The unnamed start...
Tags: Google, Amazon, Hollywood, Softbank, Los Angeles, Trends, Asia Pacific, Imran Khan, Khan, Lightspeed Venture Partners, Creative Artists Agency, Morris Yorn, Paul Cazers, Cazers, Jason Bosco Dollar Shave Club, JPMorgan and Credit Suisse


Varada procures $7.5 mln seed

Israel-based Varada, a provider of big data inline indexing, has raised $7.5 million in seed funding. Lightspeed Venture Partners led the round with participation from StageOne Ventures and F2 Capital. Source: Press Release
Tags: Israel, Trends, Lightspeed Venture Partners, VC Deals, Varada, StageOne Ventures


Educational Play Kit Company Osmo Sold to India’s Edtech Firm Byju’s for $120M

Byju’s, an edtech company based in India that claims a $3.6 billion valuation based on its sales success there, announced it has acquired Palo Alto, CA-based learning-through-play firm Osmo for $120 million.Named after the teacher Byju Raveendran, who founded the company in 2011, Byju’s is making its first acquisition in the United States to advance its goals of expanding globally and adding very young children to its user base. The company, which announced the deal Wednesday, had already made ...
Tags: Google, Deals, Startups, Mobile, Hardware, Education, Internet, Entrepreneurship, India, Funding, San Francisco, Trends, Tech, Web, It, Vc


Redpoint Ventures is raising another $400M to invest in Chinese companies

Redpoint Ventures is doubling down on China. The firm, headquartered in Menlo Park, has filed documents with the U.S. Securities and Exchange Commission to raise $400 million across two new China-focused funds. The firm has set a $300 million target for its second flagship China fund, a significant increase from the $180 million it garnered for its debut China fund in 2016. Redpoint is also raising a $100 million opportunity fund that will also focus on the Chinese tech startup market. Redpoi...
Tags: China, Boston, San Francisco, Tech, Silicon Valley, Redpoint, Lightspeed Venture Partners, Redpoint Ventures, Lightspeed, Bluerun Ventures, Resolute Ventures, Menlo Park, U S Securities and Exchange Commission, Wu, Hong Kong Stock Exchange, Tony Wu


Computer vision startup AnyVision pulls in new funding from Lightspeed

While there have been a few massive surveillance startups in China that have raised funds on the back of computer vision advances, there’s seemed to be less fervor outside of that market. Tel Aviv-based AnyVision is aiming to leverage its computer vision chops in tracking people and objects to create some pretty clear utility for the enterprise world. After announcing a $27 million Series A in mid-2018, the computer vision startup is bringing Lightspeed Venture Partners into the raise, closing o...
Tags: Startups, China, Tel Aviv, Tech, Artificial Intelligence, Ai, Computer Vision, Lightspeed Venture Partners, Lightspeed, Anyvision, Recent Funding, Raviraj Jain, TechCrunch Right


Lightspeed China Partners IV raises $360 mln

Lightspeed China Partners said Jan. 2 it raised $560 million of committed capital. This includes $360 million for Lightspeed China Partners IV and $200 million for Lightspeed China Partners Select I. LCP IV will invest in early stage technology companies in China while LCP Select I will focus on growth investments in China. PRESS RELEASE SHANGHAI–(BUSINESS WIRE)–Lightspeed China Partners (LCP) announced that it has completed the final closing of fund family IV with total committed capital of $56...
Tags: China, Israel, Trends, Shanghai, Funds, Jt, Lightspeed Venture Partners, Lightspeed, LCP, PDD, Lightspeed China Partners, Lightspeed China, PPDF, Lightspeed China Partners IV, Lightspeed China Partners Select, Lightspeed China Partners LCP


Lightspeed announces new $560 million fund for China

Global investor Lightspeed is starting 2019 with its largest-ever fund for China, where it has backed a number of new internet challengers. The firm announced this week that its fourth China fund has closed with a total capital commitment of $560 million. The firm had a massive 2018, with no fewer than five of its portfolio holding IPOs including two of China’s up-and-coming startups that are challenging the country’s internet establishment — they are Meituan, the super app firm that speciali...
Tags: Fundings & Exits, Asia, Twitter, Social Networks, Finance, China, India, Funding, Tech, E-commerce, United States, Alibaba, Silicon Valley, Airbnb, Alibaba Group, Lightspeed Venture Partners


The 10 largest US venture rounds of 2018

Three U.S. companies raised more than $1 billion in just one funding round in 2018, a year in which total deal value for U.S. startups is expected to surpass $100 billion for the first time. For the most part, it was the usual suspects, and yes, SoftBank was an accessory in many of these rounds. Here’s a look at the 10 largest venture rounds of 2018. Epic Games: $1.25 billion The video game Fortnite Battle Royale was the star of the year 2018; more than 200 million players worldwide are regis...
Tags: Amazon, Startups, Lyft, Uber, New York, India, Softbank, Funding, US, San Francisco, Tech, Netflix, Canada, Atlantic, Middle East, Venture Capital


5 unicorns that will probably go public in 2019 (besides Uber and Lyft)

There’s been plenty of fanfare surrounding Uber and Lyft’s initial public offerings — slated for early 2019 — since the two companies filed confidential IPO paperwork with the U.S. Securities and Exchange Commission in early December. On top of that, public and private investors have had plenty to say about Slack and Pinterest’s rumored 2019 IPOs but those aren’t the only “unicorn” exits we should expect to witness in the year ahead. Using its proprietary company rating algorithm, data pro...
Tags: Fundings & Exits, Startups, TC, Lyft, Uber, Pinterest, Ipo, San Francisco, Tech, Palo Alto, Netflix, Venture Capital, The Wall Street Journal, Prince, Cloudflare, Morgan Stanley


Rothy’s just landed $35 million from Goldman Sachs to sell more of its popular ballet flats

Rothy’s, a three-year-old, San Francisco-based company that makes a variety of colorful flats for women, has some more walking-around money today. According to Bloomberg, the company just closed on $35 million in funding from Goldman Sach’s asset management unit. The round brings the young company’s total funding to $42 million, including an early $5 million investment from Lightspeed Venture Partners, and $2 million in convertible notes, including from Finn Capital Partners, M13 and Grace Beaut...
Tags: TC, Facebook, Instagram, China, Virginia, San Francisco, Tech, Bloomberg, Goldman Sachs, Lightspeed Venture Partners, Bay Area, MEGHAN MARKLE, Goldman Sach, Rothy, Finn Capital Partners, Duchess of Sussex


Rothy’s just landed $35 million Goldman Sachs to sell more of its popular ballet flats

Rothy’s, a three-year-old, San Francisco-based company that makes colorful ballet flats and sneakers, has some more walking-around money today. According to Bloomberg, the company just closed on $35 million in funding from Goldman Sach’s asset management unit. The round brings the young company’s total funding to $42 million, including an early $5 million investment from Lightspeed Venture Partners, and $2 million in convertible notes, including from Finn Capital Partners, M13 and Grace Beauty C...
Tags: TC, Facebook, Instagram, China, Virginia, San Francisco, Tech, Bloomberg, Goldman Sachs, Lightspeed Venture Partners, Bay Area, MEGHAN MARKLE, Goldman Sach, Rothy, Finn Capital Partners, Duchess of Sussex


Lightspeed to raise $560 mln for two Chinese funds

Lightspeed Venture Partners has set out to raise $360 million for a fourth Chinese venture-capital fund and $200 million for a Chinese select fund, according to a pair of filings with the SEC. The firm did not report a first close on the funds. The filings are available here and here.  
Tags: Trends, SEC, Funds, Lightspeed Venture Partners, Lightspeed


Seismic nabs $100 mln Series E

San Diego-based Seismic, a provider of sales and marketing solutions, has raised $100 million in Series E funding. Lightspeed Venture Partners and funds and accounts advised by T. Rowe Price Associates led the round with participation from return backers General Atlantic, JMI Equity and Jackson Square Ventures. In addition to the funding, John W. Thompson, a venture partner at Lightspeed and chairman at Microsoft, will join Seismic’s board of directors. Source: Press Release
Tags: Microsoft, Trends, San Diego, Lightspeed Venture Partners, Lightspeed, VC Deals, Jackson Square Ventures, T Rowe Price Associates, John W Thompson, General Atlantic JMI Equity


$100M Round Turns San Diego’s Seismic into Region’s Newest Unicorn

Seismic, an enterprise software company with ambitious growth plans, has raised $100 million in a Series E financing and added Microsoft chairman John W. Thompson to its board of directors.The venture investment, which the San Diego startup announced Tuesday, is one of only a few so-called mega-rounds—$100 million or more—recorded this year in the region. (In Southern California, rounds that large are more often raised by life sciences companies.)Seismic recently hired its first chief financial...
Tags: Deals, Startups, Uber, Microsoft, Entrepreneurship, Funding, Trends, Tech, Vc, SaaS, Innovation, Venture Capital, San Diego, Symantec, Financing, General Atlantic


Lightspeed is raising its largest China fund yet

Lightspeed China Partners, the China-focused affiliate of Silicon Valley-based Lightspeed Venture Partners, has set a $360 million target for its fourth flagship venture fund, according to a document filed with the U.S. Securities and Exchange Commission today. If the target is reached, the fund will be Lightspeed China’s largest yet, per PitchBook. Lightspeed China’s previous two funds each closed on $260 million. The VC raised $168 million for its debut fund in 2013. Lightspeed China is ...
Tags: Google, Startups, Asia, Twitter, China, Tech, Venture Capital, Silicon Valley, Baidu, Lightspeed Venture Partners, Lightspeed, U.S. Securities and Exchange Commission, Pinduoduo China, Lightspeed China, Lightspeed China Partners the China, David Mi


Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

A slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested in Faire (formerly known as Indigo Fair), a 2-year-old wholesale marketplace for artisanal products. A quick glance at Faire suggests it’s a combination of Pinterest and Etsy, complete with trendy, pastel stationery, soap, baby products and more, all made by independe...
Tags: Startups, Y Combinator, Nordstrom, Pinterest, Etsy, Funding, San Francisco, Tech, Walmart, Walgreens, Venture Capital, Peter Thiel, Square, Sequoia Capital, Baby Products, Lightspeed Venture Partners


How Mic, a digital media darling that raised $60 million, wound up firing all its staff and selling for $5 million

The millennial media darling Mic was sold recently for a fraction of its onetime presumed value. The company's cofounder Chris Altchek blamed Facebook for its failure to continue as a business to his staff. But Mic's leadership team built the company on an unwavering faith in Facebook that investors funded again and again.    On November 29, an emotional Chris Altchek stood before the 100-plus person staff of Mic. Altchek, the CEO and cofounder of the millennial news site, said Facebook had c...
Tags: Google, Facebook, New York, Ge, Vladimir Putin, California, America, Barack Obama, Trends, Walmart, Aol, Manhattan, Miami, News Corp, Hulu, Donald Trump


The Epic Games Store is now live

It’s a busy week for Epic Games . Fresh from pushing out a major season 7 update for Fortnite, so the gaming giant has taken the wraps off its own games store. First announced earlier this week, the Epic Games Store is targeted squarely at Steam — the giant in the digital game commerce space — and it quietly went live today. Right now there’s a small cluster of games available including Hades, a new title from Supergiant Games that is in ‘early access’ for $19.99, and Epic’s own Fortnite and U...
Tags: Google, Android, Google Play Store, Gaming, Tech, Software, Epic, Computing, Valve, Lightspeed Venture Partners, Kleiner Perkins, Epic Games, Unreal Tournament, Unreal Engine, Unreal, Tim Sweeney


Lightspeed hires 5 new partners from Slack, Twitter and more

Lightspeed Venture Partners, one of the best-performing VC firms in Silicon Valley, is closing out 2018 with a slew of new hires. The firm has brought on five additional investing partners: Jana Messerschmidt, Ashley Brasier, Merci Victoria Grace (pictured above), Jerry Ye and Jay Madheswaran. Neetzan Zimmerman, a former senior editor at Gawker, has also joined as vice president of growth, as first reported by Forbes. The additions are 50 percent female, a good move for Lightspeed, which like...
Tags: Travel, TC, Twitter, Netflix, Venture Capital, Silicon Valley, Gawker, Stitch Fix, Lightspeed Venture Partners, Rubrik, Sequoia, Lightspeed, Shasta Ventures, Forbes, ZIMMERMAN, Mulesoft


Apex.ai raises $15.5 million for autonomous vehicle software

Apex.ai is emerging out of stealth today with quite the claim — an operating system for autonomous vehicles that will never fail Founded by long-time automated systems engineers Jan Becker and Dejan Pangercic, Apex.ai develops operating systems for various types of autonomous mobility platforms. Today, Apex.ai is also announcing a $15.5 million Series A round led by Canaan with participation from Lightspeed Venture Partners, which invested in Apex.ai’s seed round. Apex’s software stack is design...
Tags: Startups, TC, Transportation, Automotive, Lightspeed Venture Partners, Self-driving, Autonomous Driving, Becker, Jan Becker, Apex, Dejan Pangercic Apex, Rayfe Gaspar Asaoka


Netskope amasses $168.7 mln Series F

Netskope, a provider of cloud security solutions, has raised $168.7 million in Series F funding. Lightspeed Venture Partners led the round with participation from Accel, Geodesic Capital, Iconiq Capital, Sapphire Ventures, Social Capital and Base Partners. Source: Press Release
Tags: Trends, Lightspeed Venture Partners, VC Deals, F. Netskope


Corporate travel startup TripActions raises $154M at $1B valuation

TripActions, one of the most well-capitalized travel startups in Silicon Valley, has raised yet another round of capital valuing the corporate travel manager at more than $1 billion. Andreessen Horowitz co-founder Ben Horowitz will join TripActions’ board of directors as part of the startup’s $154 million in Series C funding. Lightspeed Venture Partners, Zeev Ventures and SGVC also participated in the round. Co-founders Ariel Cohen and Ilan Twig said TripActions’ $236 million raised to ...
Tags: Startups, TC, Funding, Tech, Palo Alto, Amsterdam, Venture Capital, Silicon Valley, Ben Horowitz, Andreessen Horowitz, Lightspeed Venture Partners, Twilio, Cohen, Allbirds, Ariel Cohen, Jive Software


Grab lands $50M from Thailand’s Kasikorn Bank to further its fintech push

Southeast Asia ride-hailing firm Grab is continuing to add strategic investors to its ongoing Series H round — which is targeted at over $3 billion — after it revealed Thai bank Kasikorn put in $50 million as part of a strategic partnership to advance its financial services strategy. Kasikorn joins Hyundai ($250 million), Microsoft (undisclosed) and travel firm Booking ($200 million) as strategic backers announced over the past month. The round also includes Toyota, which invested $1 billion ...
Tags: Fundings & Exits, Asia, Business, Microsoft, Indonesia, Southeast Asia, Singapore, Softbank, Tech, Thailand, Philippines, Alibaba, Ant Financial, Hyundai, Line, Bangkok


Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B

Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is investing $250 million. Hyundai first invested in Grab in January, and it joins recently announced investors Microsoft (undisclosed) and Booking Holdings ($200 million) in the round, which is aimed at reaching at least $3 billion before the end of...
Tags: Fundings & Exits, TC, Uber, Asia, Microsoft, Indonesia, China, Southeast Asia, Singapore, Collaborative Consumption, Softbank, Funding, Tech, Thailand, Automotive, United States


VC-backed People.ai expands C-suite team with two appointments

San Francisco-based People.ai, the artificial intelligence platform for enterprise revenue, has named Dayle Hall as chief marketing officer and Joel Hofman as chief customer officer. Prior to joining People.ai, Hall was head of marketing and sales development at Lithium Technologies while Hofman was responsible for global technical sales and services at Riverbed Technology. People.ai is backed by Andreessen Horowitz, Lightspeed Venture Partners, GGV Capital and Y Combinator. PRESS RELEASE SAN FR...
Tags: Europe, San Francisco, Trends, CMO, Cisco, People, Silicon Valley, Andreessen Horowitz, North America, Lightspeed Venture Partners, Aruba Networks, Joel, San Francisco CA, Dayle, Mulesoft, Sumitomo Mitsui Banking Corporation


Fortnite’s funding royale, China struggles and Coinbase gets a boost to $8 billion

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week, we missed Alex Wilhelm, who was sunning himself somewhere (vitamin D deficit), but we had a rollicking time nonetheless with TC’s very excellent VC reporter Kate Clark, along with our always dependable co-host Danny Crichton and, in a bit of perfect timing, investor Brad Twohig of Lightspeed Venture Partners, whose firm participated in one of the week’s ...
Tags: Apple, TC, Podcasts, Microsoft, China, Tech, Venture Capital, Tencent, Ibm, Silicon Valley, Lightspeed Venture Partners, Coinbase, Red Hat, Alex Wilhelm, Bob Young, Danny Crichton