Arif lightspeed11/28/2023 Lightspeed is a venture capital firm focused on accelerating disruptive innovations and trends in the enterprise and consumer sectors. “Netskope consistently leads the market and is disrupting and transforming the industry landscape through solving some of the toughest enterprise challenges today.” “Transforming enterprise security is no longer a nice-to-have, but a requirement in order to protect and secure a company’s most important assets,” Janmohamed said in a news release. Accel, Geodesic Capital, Iconiq Capital, Sapphire Ventures, Social Capital and Base Partners also participated in the round. Separately, Lightspeed led Netskope’s $168.7 million Series F funding round, which brought the company’s total amount raised to $400.1 million. “At Lightspeed, we’re extremely excited about our long partnership with the TripActions team as they rethink the business travel market and bring the power of machine learning, cloud computing and modern applications to business travelers,” said Arif Janmohamed, a partner at Lightspeed, in a blog post. The round was led by Andreessen Horowitz and included participation from Zeev Ventures and SGVC. Lightspeed participated in TripActions’ $154 million Series C funding round, which brought the company’s valuation to more than $1 billion. Partner Kevin Rooney headed the Cooley team advising Lightspeed on the transactions. Palo Alto – Novem– Cooley advised Lightspeed Venture Partners on separate investments involving corporate travel management platform TripActions and cloud security company Netskope.
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