By ET Bureau - April 15, 2020 1 Mins Read
Venture Capital firm Lightspeed Ventures has raised $4 billion in funding. It announced raising $4.22 billion in total commitments for its three funds that focus on early- and growth-stage opportunities. The three funds are Lightspeed Venture Partners XIII ($890 million), Lightspeed Venture Partners Select IV ($1.83 billion), and Lightspeed Opportunity Fund ($1.5 billion). The latest round of funding comes at a time when the world continues to fight the COVID-19 crises that have affected several founders and investors.
Also Read: Hybrid Data Management Firm Cohesity Secures $250 Million in Funding at $2.5 Billion Valuation
Source: Lightspeed raises over $4 billion to support entrepreneurs amid coronavirus threat
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