Lightspeed collects $750 mln for twelfth fund, also raises $1.05 bln for third select fund
Lightspeed Venture Partners has closed its twelfth fund at $750 million. Also, the early-stage venture firm has closed its third select fund at $1.05 billion. Fund XII will focus on the enterprise and consumer sectors while Select Fund III will complement the firm’s early-stage fund strategy with follow-on rounds in existing Lightspeed portfolio companies as well as make new investments in companies "that have demonstrated compelling product-market fit, strong fundamentals and scalability."
10 July 2018•3 mins read
