Lightspeed Venture Partners Raises $1.2 Billion

Lightspeed Venture Partners, the 16-year-old, Menlo Park, Ca.-based early-stage venture firm, has raised two new funds totaling $1.2 billion, according to two new SEC filings. One filing, for the firm’s 11th fund, shows a close of $715 million. Lightspeed has also raised $500 million for its second “Select” fund for later-stage companies. The capital come two years after… Read More...