Lightspeed Venture Partners Posts
CloudBees is a platform-as-a-service company that can test out code. CloudBees has raised $11.2 million in funding led by Verizon Ventures. Other investors that participated in this round include Blue Cloud Ventures, Lightspeed Venture Partners, and Matrix Partners. CloudBees offers tools for building and deploying applications, including a hosted MySQL database and a hosted version of the Jenkins continuous-integration (CI) server for testing code.
Primary Data has raised $60 million in Series B funding from Mercato Partners, Accel Partners, Battery Ventures, Lightspeed Venture Partners and Pelion Venture Partners. Primary Data is a software-defined data center technology company.
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ThoughtSpot is a startup that has raised $10.7 million in funding. Lightspeed Venture Partners led this round of funding. Other investors that have participated in this round include ServiceNow CEO Frank Slootman, ZScaler COO Lane Bess, Splunk CMO Steve Sommer, and Nutanix VP of worldwide sales Sudheesh Nair.
Elementum is a mobile supply chain software company that has raised $44 million in Series B funding. Lightspeed Venture Partners and Flextronics were the investors in this round. Elementum is a cloud-based service that offers analytics related to shipping, costs, and other real-time data. Elementum has raised over $60 million in funding thus far.
Elastifile is a storage technology company that has raised $8 million in Series A from Battery Ventures and Lightspeed Venture Partners. Battery Ventures general partner Itzik Parnafes and Lightspeed Venture Partners partner David Gussarsky is joining Elastifile’s board. Elastifile focuses on building storage services for software-defined data centers and private clouds.
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Nest Labs is reportedly going to raise somewhere between $150 and $200 million, according to Re/Code. The valuation of Nest would be between $2 and $3 billion. Nest Labs is known for building smart home products like thermostats and smoke alarms. The investor in this round is believed to be Yuri Milner’s DST along with existing investors like Google Ventures, Shasta Ventures, Kleiner Perkins, Generation Investment Management, Lightspeed Venture Partners, Venrock, and several others. Nest raised $80 million in funding around a year ago with a valuation of over $800 million. The founder of Nest is Tony Fadell, who is known as being the “father of the iPod.”