Pertino has raised $20 million for its networking technology that small businesses can use to go online and create a network that runs entirely in the cloud. New investor Jafco Ventures led the Series B funding with participation from existing investors, including Norwest Venture Partners and Lightspeed Venture Partners. Pertino raised $8.85 million in a Series A round. → Read More
Lightspeed Venture Partners (LVP) has had a phenomenal run in the next generation storage market. In the past 12 to 14 months, four of its portfolio companies have been acquired and one has gone to IPO. → Read More
AppDynamics, which specializes in application performance management (APM) solutions for high-maintenance Web apps, has raised $20 million in funding in a Series C round led by Kleiner Perkins Caufield & Byers.
Previous backers Greylock Partners and Lightspeed Venture Partners also participated. → Read More
A new SEC filing revealed that LS9 — a biotechnology startup turning plant-based materials into fuel and chemicals for use within traditional petroleum-based systems — has raised a series D investment of $30 million.
The round was led by BlackRock and joined by all of LS9′s previous investors: Flagship Ventures, Khosla Ventures, Lightspeed Venture Partners and CTTV Investments LLC, the… → Read More
Andy Dunn is part Indian and part European. He’s tall and slender, but he has surprisingly meaty thighs. As a result, he could never find pants that fit well. European cut pants were too tight but when he tried to wear American cut pants he felt like he was swimming in billowing fabric. And if he spent all day shopping to find great pants, he didn’t feel great afterwards. “If I spent a Saturday… → Read More
Jeremy Liew is my guest on Ask a VC this week. He’s a guy with plenty of Web battle scars. He was an early employee of CitySearch back in the mid-1990s, a senior executive at InterActive Corp. and a senior executive at AOL. (You know, before AOL was cool again.) He’s been at Lightspeed Venture Partners since 2006 and his investments include Playdom, Kongregate, LivingSocial, RockYou! → Read More
Lightspeed Venture Partners and Pitango Venture Capital are pouring more capital into WeFi, operator of a global, community-based network of WiFi hotspots, in an undisclosed Series B round of funding and following an earlier round by both investors secured back in May 2007. The follow-up financing was provided to support WeFi’s business and financial needs, and according to the release is being… → Read More
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