Tag: Lightspeed Venture Partners

Bengaluru-based Zetwerk snaps up $120 mn in Series D round

Zetwerk, a B2B manufacturing platform, has raised $120 million in a Series D funding round led by US-based Greenoaks Capital and Lightspeed Venture Partners.  Other investors that participated in the round include Sequoia Capital and Kae Capital. Post funding, the startup is valued at around $600 million, sources said. Earlier, Zetwerk had raised $21 million…

Dremio raises $135 mn Series D round led by Sapphire Ventures

Dremio, the innovation leader in data lake transformation, today announced it has raised $135 million in Series D funding, bringing the company’s valuation to $1 billion. The round was led by Sapphire Ventures with participation from existing Dremio investors: Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, and Cisco Investments.  Earlier in March…

Udaan raises $280 mn in funding from Lightspeed Venture Partners, Tencent, others

Business-to-business (B2B) e-commerce major Udaan on Wednesday said it has raised USD 280 million (about Rs 2,048 crore) in funding from existing and new investors, including Lightspeed Venture Partners and Tencent, according to PTI report. Existing investors of Udaan – Lightspeed Venture Partners, DST Global, GGV Capital, Altimeter Capital, and Tencent – participated in the…

Eightfold AI bags $125 mn in Series D funding led by General Catalyst

Eightfold.ai, a talent intelligence platform, built for enterprises, to address talent acquisition and management, has announced that it has raised a $125 million in Series D funding round led by General Catalyst and also includes investors from previous rounds, including Capital One Ventures, Foundation Capital, IVP and Lightspeed Venture Partners. Total funding raised to date…

Online learning startup FrontRow raises $3.2 mn seed funding led by Lightspeed, Elevation Capital and Deepika Padukone

FrontRow, a Bengaluru and Mumbai-based learning and community platform, has raised $3.2 million in seed funding led by Lightspeed Venture Partners, Elevation Capital (formerly SAIF Partners), and actress Deepika Padukone.  The startup will use the funding to fuel expansion, add more courses and categories to its platform and expand its community offering. FrontRow enables everyone…

Hubilo raises $4.5 mn in seed funding round led by Lightspeed

Hubilo, a global intelligent virtual events platform that brings Experience & Intelligence together, announced that it has raised $4.5 million in a seed funding led by Lightspeed Venture Partners.  Angel investors that participated in the current financing round include Freshworks chief executive Girish Mathrubootham, former LinkedIn India CEO Nishant Rao and Slideshare cofounder Jonathan Boutelle. …

Seismic bags $92 mn in Series F funding led by Permira Funds

Seismic, the industry-leading sales enablement and marketing orchestration platform provider, announced it has raised $92 million in Series F round of funding led by a company backed by the Permira funds. Additional new strategic investors include Ameriprise Financial and EDBI.  Existing investors participating in the round include Jackson Square Ventures, Lightspeed Venture Partners, and T.…

Rephrase.ai raises $1.5 mn seed funding led by Lightspeed Ventures

Rephrase.ai, the Bengaluru-based AI-led synthetic media production startup, announced that it has raised $1.5 million in seed funding round led by Lightspeed Ventures and AV8 Ventures, according to YourStory report. The startup will use the funding to scale its AI-powered video personalisation platform, strengthen its commercial presence in North America, and expand its engineering and…

Hasura raises $25 mn Series B funding led by Lightspeed Venture Partners

Hasura, a San Francisco and Bengaluru-based startup that provides developer-focused tooling products, announced that it has raised $25 million in Series B funding led by Lightspeed Venture Partners. Existing investors Vertex Ventures US, Nexus Venture Partners, Strive VC and SAP.iO Fund also participated in the funding round. As per ETtech report, John Thompson, Chairman of…

Gurugram-based Magicpin raises Rs29.3 cr funding led by Lightspeed Venture Partners

Magicpin, a Gurugram-based local discovery, rewards, and commerce platform, announced it  has raised funding of Rs 29.3 crore led by Lightspeed Venture Partners, along with the participation of Moonstone Investments, WaterBridge Venture, The Bunting Family Private Fund, and Srivatsan Rajan, according to the RoC documents. Till now, the company has raised $31 million in five…

Yellow Messenger secures $20mn investment from Lightspeed Venture Partners

Yellow Messenger, a Bengaluru-based conversational AI platform, announced that it has raised $20 million in Series B funding from Lightspeed Venture Partners and Lightspeed India Partners. Yellow Messenger will use the funds to expand globally and strengthen its multi-lingual voice bot platform. “This investment will help us scale operations to Europe, US and Latin America,…

Bengaluru-based fintech startup Setu raises $15 mn Series A funding

Setu, a Bengaluru-based fintech API infrastructure startup, announced it has raised $15 million Series A funding led by New York-based investment firm Falcon Edge Capital and Lightspeed Venture Partners US, the company announced recently. The company’s existing investors—Lightspeed India Partners and Bharat Inclusion Seed Fund—also participated in the new financing round, Nikhil Kumar, co-founder of Setu,…

Lightspeed raises over $4 bn to support entrepreneurs globally amid coronavirus pandemic

Lightspeed Venture Partners announced the closings of Lightspeed Venture Partners XIII, L.P. with $890 million, Lightspeed Venture Partners Select IV, L.P. with $1.83 billion, and Lightspeed Opportunity Fund, L.P. with $1.5 billion of limited partner committed capital. According to the press release, the California-based venture capital firm said, “In these difficult times, as the world…

Cato Networks gets $77 mn investment from Lightspeed Ventures, others

Cato Networks, provider of the world’s first SASE platform, announced it has raised an investment of $77 million led by Lightspeed Venture Partners with the participation of Aspect Ventures, Greylock Partners, Singtel Innov8, U.S. Venture Partners (USVP), and Shlomo Kramer.  Post investment, the company’s total funding amounts to over $200 million. It comes on the…