Lightspeed Venture Partners Oversubscribes Its Eight Fund, Raised $800M

Despite the ominous predictions saying that VC funds will have difficulty raising more money this year, Lightspeed Venture Partners has announced the closing of its eight fund (Lightspeed Venture Partners VIII), oversubscribing its $675 million target by $125 million reaching a grand total of $800 million. The recent round puts Lightspeed Ventures at $2 billion …

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