Lightspeed Venture Partners
| Industry | Private equity |
|---|---|
| Founded | 1971 |
| Founder(s) | Stephen H. Weiss, Roger Weiss, Philip Greer, Stephen Peck |
| Headquarters | Menlo Park, California, United States |
| Key people | Ravi Mhatre |
| Products | Venture Capital |
| Total assets | $2 billion |
| Website | www.lightspeedvp.com |
Lightspeed Venture Partners is a venture capital firm focusing on early stage investments in IT companies.[1]
The firm is based in Menlo Park, California and has raised approximately $2 billion of investor capital since inception across eight venture funds.
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[edit] History
The firm was founded in 1971, originally as Weiss, Peck & Greer Venture Partners by Stephen H. Weiss as the venture capital arm of a larger investment management business. In October 2000, its name was changed to Lightspeed Venture Partners, as part of a spin-off from Weiss, Peck & Greer, following the sale of the investment management business to Robeco.[1]
In 2008, Lightspeed closed an $800 million fund, which brought the firm's committed capital to over $2 billion.[2]
[edit] Significant Investments
Lightspeed Venture Partners' significant investments include Flixster, LivingSocial and AppDynamics.
[edit] References
- ^ a b "Lightspeed Venture Partners". http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=471694. Retrieved 2008-11-20.
- ^ "Lightspeed Venture Partners Closes $800 Million Fund VIII". http://au.biz.yahoo.com/080512/43/1qleb.html. Retrieved 2008-11-20.
[edit] External links
- Lightspeed Venture Partners (company website)
- Lightspeed Venture Partners (company blog)
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