Business-to-Business (B2B) software service management platform, Zluri announced that it has raised $20 million in its Series B funding round led by Lightspeed Venture partners, according to moneycontrol report. Zluri’s funding round also saw participation from its existing backers, MassMutual Ventures, Endiya Partners and Kalaari Capital. With the new funding, the company has now raised $32 million…
Tag: Lightspeed Venture Partners
Thena raises $5 mn seed funding led by Lightspeed
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•Thena, a customer communications and intelligence platform that helps businesses manage customers on messaging platforms Slack and Microsoft Teams, said it has raised $5 million in a seed funding round led by Lightspeed Venture Partners, according to ETtech report. Other investors include First Round Capital and returning investor Pear VC. Thena enables clients’ messaging platforms…
EV startup Exponent Energy raises $13 mn Series A round led by Lightspeed
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•Exponent Energy (e^), an Electric vehicle (EV) fast-charging startup, announced it has raised $13 million in a Series A funding round led by Lightspeed Venture Partners, according to ET report. Existing institutional investors such as YourNest VC, 3one4 Capital & AdvantEdge VC also participated in the funding round. The new round will help scale e^…
Lightspeed raises over $7 bn to fund early and growth-stage entrepreneurs around the globe
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•Lightspeed Venture Partners (Lightspeed) announced the closing of Lightspeed Venture Partners XIV-A/B, L.P. (Fund XIV) with $1.98 billion, Lightspeed Venture Partners Select V, L.P. (Select Fund V) with $2.26 billion, and Lightspeed Opportunity Fund II, L.P. (Opportunity Fund II) with $2.36 billion of committed capital. Separately, Lightspeed India Partners announced the closing of a $500M…
Hubilo announces US$125 million investment
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•Hubilo, a global virtual events platform, has announced that in a funding round led by Alkeon Capital and additionally, Lightspeed Venture Partners and Balderton Capital, it has raised $125 million in Series B funding. This brings the company’s total funding to US$153 million to date in 18 months. The Series B funding will further enhance…
Alloy secures $100M in series C funding led by Lightspeed Venture Partners
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•Alloy, an identity decisioning platform for banks and fintech companies, has announced that it has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ventures, bringing the company’s valuation to $1.35 billion and the total…
Spiritual wellness platform Emerging Vision secures $4M
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•Emerging Vision, based in Singapore, has announced that it has secured $4 million in the Lightspeed Venture Partners led series A funding round. Saarthak Singh, co-founder of Emerging Vision, said, “Spiritual services have played a key role in people’s lives, and today’s young generation is keen to adopt new ways to implement in their daily…
Online retail startup Dukaan secures $11M in pre Series A round
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•Dukaan, a SaaS platform that enables merchants with zero programming skills to set up their e-commerce store, has said that it has secured $11 million in the 640 Oxford Ventures led pre Series A round. The fresh funding round saw participation from existing investors including Snow Leopard Ventures, Matrix Partners India and Lightspeed Partners. Venture…
SIMBA Chain Raises $25 Million in Series A Funding
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•SIMBA Chain , the technology company that eliminated the complexities of blockchain app development and reduced energy usage, has closed a $25 million Series A funding round led by Valley Capital Partners. The round received additional participation from the Notre Dame Pit Road Fund, Elevate Ventures, Stanford Law School Venture Fund, and individuals affiliated with…
yellow.ai raises $78.15M to deliver total customer experience automation
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•yellow.ai, a customer experience (CX) automation platform, has announced that it has raised $78.15M in Series C, led by WestBridge Capital along with Sapphire Ventures, and Salesforce Ventures. Lightspeed Venture Partners again participated in this round, which brings total funding raised so far to $102.15M. Raghu Ravinutala, CEO and Co-Founder of yellow.ai said, “yellow.ai has broken out of the crowded virtual-assistant…
GlobalBees secures $150M in Series A funding
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•Investment venture, based in New Delhi, GlobalBees has announced that it has secured $150 million in FirstCry led Series A funding round. The round saw participation from its existing investors and Lightspeed Venture Partners. The announcement also informed that SoftBank’s Vikas Agnihotri, Harsha Kumar from Lightspeed, Atul Gupta of Premji Invest, Kshitij Sheth of Chrys Capital, and Sudhir Sethi of Chiratae Ventures will join the company’s board. Speaking on…
Riot Games & PUBG veterans raise $3.2 mn seed round to launch new studio Hidden Leaf Games
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•Industry vets from Riot Games, PUBG and other studios have raised $3.2mm in seed funding to launch new studio Hidden Leaf Games. The Hidden Leaf design team is led by legendary game designer Steve ‘Guinsoo’ Feak, whose custom Warcraft III map DotA: All Stars birthed the MOBA genre and inspired smash hits League of Legends,…
Yugabyte adds $48 mn in funding round led by Lightspeed Venture Partners
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•Yugabyte, the leader in open source distributed SQL databases, announced a $48 million funding round led by Lightspeed Venture Partners with additional participation by Greenspring Associates, Dell Technologies Capital, Wipro Ventures and 8VC. Till now, the startup raised a total of $103 million in funding. The funding will be used to expand Yugabyte’s R&D, sales…
Hubilo raises $23.5 mn Series A round led by Lightspeed Venture Partners
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•Hubilo, a platform that helps businesses of all sizes host virtual and hybrid events and gain access to real-time data and analytics, has raised $23.5 million in a series A round led by Lightspeed Venture Partners. The round saw participation from the U.K.’s Balderton Capital and Microsoft chair John W. Thompson, among other angel investors.…
Matillion raises $100 mn in Series D round led by Lightspeed Venture Partners
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•Matillion, the leading cloud data integration platform, announced $100M in Series D funding led by Lightspeed Venture Partners. Other investors that took part in the current funding round include Battery Ventures, Sapphire Ventures, Scale Venture Partners with financing from Silicon Valley Bank UK Branch. The startup will use the funding to fuel the company’s growth,…