Amit Chowdhry | December 14, 2011 | 478 views | Add a Comment
Categorized under Allen & Company, Diane Sawyer, Leah Busque, Lightspeed Venture Partners, Lightspeed Ventures, Michael Eisner, TaskRabbit, The Tornante Company

TaskRabbit is a Bay Area based startup company that helps you find personal assistants for having your house cleaned, running errands, building IKEA furniture, delivering groceries, etc. Former Disney CEO Michael Eisner is joining TaskRabbit’s board of directors as a strategic adviser.

Amit Chowdhry | October 25, 2011 | 537 views | Add a Comment
Categorized under Al Gore, Apple Inc., David Sloo, Generation Investment, Google Ventures, Intertrust, Kleiner Perkins, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Lightspeed Ventures, Nest Labs, Shasta Ventures, Shige Honjo, Tony Fadell

Tony Fadell designed the hardware for the iPod and he was the head of the iPod and iPhone division before he left his VP post to spend more time with his wife and kids. His family spent a year in Paris and then moved back to the U.S. While in Paris, Fadell decided what he wanted to do next: build a new high-tech thermostat.

Amit Chowdhry | August 3, 2011 | 381 views | Add a Comment
Categorized under Allen & Company, Legg Mason, Legg Mason Inc, Lightspeed Venture Partners, Lightspeed Ventures, Marc Andreessen, Ning, Reid Hoffman

Ning has recently been shopping around themselves for roughly $150 million according to sources with AllThingsD. Ning, co-founded by Marc Andreessen, gave a pitch to Google, Groupon, and several private equity companies.

Amit Chowdhry | May 14, 2011 | 1,415 views | Add a Comment
Categorized under Andreessen Horowitz, Brian Lee, Kim Kardashian, Lightspeed Venture Partners, Lightspeed Ventures, Polaris Venture Partners, Polaris Ventures, ShoeDazzle

ShoeDazzle is a subscription based e-commerce company that was founded by Brian Lee and Kim Kardashian. ShoeDazzle recently raised $40 million from several Silicon Valley investor companies that include Andreessen Horowitz, Polaris Venture Partners, and LightSpeed Venture Partners. Andreessen Horowitz led the round with $30 million and general partner John O’Farrell will join the ShoeDazzle board.

Amit Chowdhry | April 18, 2011 | 986 views | Add a Comment
Categorized under Accel Partners, Anand Rajaraman, Bezos Expeditions, DAG Ventures, Ed Zander, Jeff Bezos, Jonathan Miller, Kosmix, Lightspeed Venture Partners, Lightspeed Ventures, Time Warner Investments, Venky Harinarayan, Wal-Mart

Wal-Mart Stores, Inc. (NYSE:WMT) has acquired Kosmix for over $300 million according to a source with AllThingsD. Kosmix is a social media platform company that has raised $55 million in funding from Time Warner Investments, Accel Partners, Lightspeed Venture Partners, DAG Ventures, Bezos Expeditions, Jonathan Miller, and Ed Zander.

Amit Chowdhry | April 5, 2011 | 821 views | 1 Comment
Categorized under Amazon, Amazon.com, Institutional Venture Partners, IVP, Lightspeed Venture Partners, Lightspeed Ventures, LivingSocial, T. Rowe Price, Tim O'Shaughnessy

Less than four months ago LivingSocial raised $175 million from Amazon.com and now they have raised an additional $400 million. The investors in this round include Amazon.com, Lightspeed Venture Partners, T. Rowe Price, and Institutional Venture Partners (IVP). This puts LivingSocial at a $3 billion valuation.

Amit Chowdhry | March 21, 2011 | 467 views | Add a Comment
Categorized under Broadcom Corporation, Lightspeed Venture Partners, Lightspeed Ventures, Pitango, Pitango Venture Capital, Provigent, Sequoia Capital

Irvine, California based Broadcom Corporation (NASDAQ:BRCM) has announced that they are acquiring system-on-a-chip solutions company Provigent for $313 million. Provigent’s products enables wireless system vendors to deliver broadband wireless backhaul systems to network operators. Provigent raised a total of $55 million from Sequoia Capital, Lightspeed Venture Partners, and Pitango. [jPost]
Amit Chowdhry | March 14, 2011 | 421 views | Add a Comment
Categorized under Lightspeed Ventures, MyBuys, Palomar Ventures, Rho Ventures, Robert Cell

MyBuys is a a service that helps online retailers based on past preferences and behaviors. MyBuys gives product recommendations across multiple channels on websites, display ads, product alerts, direct mail, and mobile devices. MyBuys has raised a $20 million third round of funding led by Rho Ventures and participation from Lightspeed Ventures and Palomar Ventures. MyBuys plans on using the funding to accelerate the adoption and development of its personalization services.
