Lightspeed Ventures Posts

MuleSoft receives $50 million in funding

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MuleSoft is a San Francisco based enterprise technology company that integrates business applications. MuleSoft has raised $50 million in a new round of funding co-led by New Enterprise Associates, Lightspeed Venture Partners, and Meritech Capital. Cisco Systems,, SAP Ventures, Morgenthaler Ventures, Hummer Winblad Venture Partners, and Bay Partners also participated in this round.
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Cloudbees raises $11.2 million in funding

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Cloudbees is a service that lets developers accelerate the delivery of mobile and online applications.
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ThoughtSpot raises $10.7 million

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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.

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Styleseat raises $10.2 million in funding

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Styleseat is an e-commerce website that focuses on beauty products. Styleseat has raised $10.2 million in Series A funding led by Lightspeed Ventures with participation from Lowercase Capital. This brings the company’s total funding to $14 million thus far.

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Big Data Startup EdgeSpring Raises $11 Million In Series A

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 is a startup that can help you make better decisions with the data across all of the lines of business.  EdgeSpring has raised $11 million in financing from Kleiner Perkins Caufield & Byers and Lightspeed Ventures, according to VentureBeat.  EdgeSpring uses “big data” and analytics to make intelligence recommendations.  The analytics can assess improvements for businesses of any size.

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Qubole Raises $7 Million Total

Qubole that was founded by former Facebook engineers Ashish Thusoo and Joydeep Sen Sarma.  The company has raised $7 million in funding between their seed round in late 2011 and their recent Series A, according to GigaOM.  Qubole is building the next generation cloud data platform, which hides the complexity of storing and managing data.  Qubole’s services can run a variety of Hadoop tasks like Hive, MapReduce, and Pig in the Amazon Web Services cloud.

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Evolv Raises $15 Million

Evolv is a company that uses data points to determine if companies are hiring the right people.  Evolv has raised $15 million in a fourth round of funding led by Vantage Point Capital.  Evolv’s software can increase workforce tenure by an average of about 15% and workforce performance by about 5%.
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Influitive Raises $7.3 Million Series A

Influitive is an advocate marketing company that has raised $7.3 million in Series A funding.  Investors in this round include Hummer Winblad, Relay Ventures, Lightspeed Venture Partners, New Enterprise Associates, Illuminate Ventures, Resolute.VC, Common Angels, and several angel investors.  Lars Leckie of Hummer Winblad and Alexa Baker of Relay Ventures will be joining the Influitive board of directors.  The company plans on using the funding to ramp up their marketing, sales, and services teams.

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