When was Lightspeed Venture Partners founded?
Lightspeed Venture Partners was founded in 2000 by four enterprise founders who had previously worked at Weiss, Peck & Greer and attended Stanford University together.
Questions about Lightspeed Venture Partners
Short answers, pulled from the story.
How much does Lightspeed Venture Partners have under management?
As of 2023, Lightspeed Venture Partners had approximately $35 billion in assets under management across eleven global offices.
Did Lightspeed Venture Partners invest in Snapchat?
Lightspeed Venture Partners became the first venture investor in Snap Inc. in 2012, a year after Snapchat launched, providing $485,000 in seed funding. By the time of Snap's IPO in 2017, Lightspeed was the fourth largest shareholder in the company.
What is Lightspeed Venture Partners' most notable enterprise investment?
Lightspeed led early rounds in several major enterprise companies. Appdynamics, where Lightspeed led the Series A in 2008, was acquired by Cisco for $3.7 billion in 2017. Mulesoft, backed by Lightspeed's Series B in 2007, was acquired by Salesforce for $6.5 billion in 2018.
How much did Lightspeed Venture Partners raise in 2022?
In 2022, Lightspeed raised $7.1 billion across four flagship funds: Fund XIV ($1.98 billion), Select Fund V ($2.26 billion), and Opportunity Fund II ($2.36 billion), plus a separate $500 million early-stage fund for India called LSIP Fund IV.
What countries does Lightspeed Venture Partners operate in?
Lightspeed has eleven offices globally. Its first international office opened in Tel Aviv in 2006, followed by India in 2008 and Singapore in 2022.