Suki raises $70M to build out its AI voice assistant
The company will use the funding to broaden the scope of its AI, including new administrative tasks
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The company will use the funding to broaden the scope of its AI, including new administrative tasks
Read more...The company will be deploying Qventus’ Perioperative Solution to optimize its robotics program
Read more...There's over $2T in counterfeit goods in the market, and over 70% of consumers have bought them
Read more...Angel group/VC
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In 1911, Henry Phipps founded Bessemer Securities to reinvest the proceeds of his sale of Carnegie Steel for the benefit of his descendents. The start-up investment operations were spun out into Bessemer Venture Partners, which now operates out of seven offices around the globe.
Startup/Business
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Cirtas solves the challenges associated with storing data in the cloud, making cloud storage work like onsite enterprise storage arrays. Deployed in the data center, its Bluejet Cloud Storage Controllers simplify storage management and vastly reduce data storage TCO, while addressing the long-standing challenges associated with data backup and disaster recovery for medium and large enterprises. Cirtas supports a variety of cloud provider platforms, including Amazon S3, Iron Mountain, EMC Atmos and AT&T Synaptic Storage as a ServiceSM. Founded in 2008, the company is headquartered in San Jose, California and backed by NEA, Lightspeed Venture Partners, and Amazon. For more information, visit www.cirtas.com.
Service provider
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Lightspeed Venture Partners is a technology-focused venture capital firm that manages $1.3 billion of capital commitments. We closed Lightspeed VII, a $480 million fund, at the end of 2005. Over the past two decades, our partners have invested in more than 120 companies, many of which have gone on to become leaders in their respective industries. Our team invests in the U.S. and internationally from offices in Menlo Park, China, India, and Israel.
We are proud to have partnered with many exceptional management teams. Our investment professionals have contributed domain expertise and operational experience to help build high-growth, market-leading companies such as Blue Nile (NILE), Brocade (BRCD), Ciena (CIEN), DoubleClick (DCLK), Informatica (INFA), Kiva Software (acquired by AOL), Openwave (OPWV), Quantum Effect Devices (acquired by PMCS), Sirocco (acquired by SCMR), and Waveset (acquired by SUNW). Some of our recent exits include the top-performing tech IPO of 2006, Riverbed Technology (RVBD), and the top enterprise software acquisition of 2006, Virsa Systems (acquired by SAP).
Visit our website at www.lightspeedvp.com