Daily funding roundup - March 9, 2016

Mitos Suson · March 9, 2016 · Short URL: https://vator.tv/n/43da

Catalyst DevWorks raised $11.5M; Omnes led investment in Intersec; Drive Spotter secured $750k

VC's Raising Funds

  • Lightspeed Venture Partners raised $1.2 billion across two funds, the firm has revealed. The first is the firm's eleventh fund, called Lightspeed Venture Partners XI, which closed at $715 million. Its previous fund was Lightspeed X, a $635 million fund. The second is called Lights-peed Venture Partners Select II, and it closed at $500 million. 

If you are interested in being included in our funding roundup, submit your press release or blog post about your financing round to mitos@vator.tv. 

Image source: naviganancial.com

Image Description

Mitos Suson

I am currently affiliated with Vator. I co-produce the Vator Events and enjoy the challenge. I am learning and growing a lot, being involved with Vator and I love it!

All author posts

Read more from our "Daily Funding Roundup" series

More episodes

Related Companies, Investors, and Entrepreneurs

Lightspeed Venture Partners

Service provider

Joined Vator on

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