Thursday, June 1, 2023

Lightspeed Ventures Secures $4 Billion in Funding to Support Entrepreneurs

By ET Bureau - April 15, 2020 1 Mins Read

Lightspeed Ventures, funding, billion, entrepreneurs, Lightspeed Venture Partners XIII, Lightspeed Venture Partners Select IV, Lightspeed Opportunity Fund

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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