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Lightspeed Venture Partners Industry Private equity Founded 1971 Founder(s) Stephen H. Weiss, Roger Weiss, Philip Greer, Stephen Peck Headquarters Menlo Park, California, United States Key people Ravi Mhatre Products Venture Capital Total assets $2 billion Website www.lightspeedvp.com Lightspeed Venture Partners is a venture capital firm focusing on early stage investments in IT companies.[1] The firm is based in Menlo Park, California and has raised approximately $2 billion of investor capital since inception across eight venture funds. History The firm was founded in 1971, originally as Weiss, Peck & Greer Venture Partners by Stephen H. Weiss as the venture capital arm of a larger investment management business. In October of 2000, its name was changed to Lightspeed Venture Partners, as part of a spin-off from Weiss, Peck & Greer LLC, following the sale of the investment management business to Robeco.[1] In 2008, Lightspeed closed an $800 million fund, which brought the firm's committed capital to over $2 billion.[2] References ^ a b "Lightspeed Venture Partners". http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=471694. Retrieved 2008-11-20.  ^ "Lightspeed Venture Partners Closes $800 Million Fund VIII". http://au.biz.yahoo.com/080512/43/1qleb.html. Retrieved 2008-11-20.  External links Lightspeed Venture Partners (company website) Lightspeed Venture Partners (company blog) v • d • e Private equity and venture capital investment firms Investment strategy Venture · Growth · Mezzanine · Secondaries History History of private equity and venture capital · Early history of private equity · Private equity in the 1980s · Private equity in the 1990s · Private equity in the 2000s Investors Institutional Investors · Pension funds · Insurance companies · Endowments · Investment Banks · Commercial Banks · Fund of funds · High net worth individuals · Angel investors · Family offices · Sovereign wealth funds Private equity firms · Venture capital firms · Portfolio companies