By Ravi Mhatre and Ansaf Kareem
We’ve all felt the agony of working on your computer or being on a work call, and all of a sudden you can’t find that document, or that spreadsheet, or that slack message, or that email that referenced this or that. In our non-work lives, we’re used to having a search bar at our ready fingertips: Want to know the answer to who won the game this evening, or the restaurant you visited last night? Easy, just type it into a search bar on your computer or phone. …
Today marks a major milestone in a journey started nearly 10 years ago. I am proud to congratulate the team on Blend’s initial public offering on the NYSE.
Blend ($BLND) is a cloud-based banking software platform that powers mortgages, personal loans, credit cards, deposit accounts, and more for some of the biggest banks in the country.
In an industry that is both deeply dependent on legacy technologies and highly resistant to change, Blend provides financial institutions with a modern, Netflix-like experience consumers have come to expect from all of their digital transactions.
Today’s public offering is particularly gratifying for us…
By Ravi Mhatre, Will Kohler, and Jonathan MacQuitty
For more than 20 years, Lightspeed has served as a catalyst for innovation, backing intrepid founders creating high level impact on markets and society. Perhaps the most personal among these sectors is health. While it’s important to celebrate achievements in healthcare to date, it is critical to recognize how much more work we have ahead of us.
In addition to COVID-19, people in our families and our communities are living day-to-day with cancer, heart and lung disease, Alzheimer’s, and many other life-threatening illnesses. At Lightspeed, we never lose focus on the central…
As more applications are built with microservices-based architectures, monolithic applications are giving way to composable sets of loosely coupled services, each of which requires a database that scales gracefully and runs well in the cloud, where most modern microservices are run.
YugabyteDB is a cloud-native, open source, transactional database designed to be a system of record for business critical applications that demand resilience, scalability, and global data distribution. A fully elastic and strongly consistent data fabric, YugabyteDB can span environments across multiple cloud providers and on-premises as well.
Cloud-native data infrastructure has arrived. Years of research, development, and innovation have led to the proliferation of accessible, scalable databases, running on distributed machinery in the cloud. Further, new paradigms like real-time event streaming have taken root, enabling a new generation of modernized applications and services.
But among all this change and upheaval, the core needs of data-intensive organizations haven’t changed.
Teams don’t want to wait overnight for batch jobs to complete. Analysts want to use a declarative query language, and organizations demand interoperability with other standard protocols. Latency is key. …
For more than 20 years, Lightspeed has served the world’s most extraordinary people building tomorrow’s companies today. And as our firm has evolved, we’ve seen firsthand how the more diverse viewpoints and experience we can collectively bring to bear, the more additive we can be to the entrepreneurs and companies we serve.
Today, we’re proud to announce the addition of four new team members: Mark Anderson (Venture Partner), Shan Shan (Growth Partner), Nnamdi Iregbulem (Enterprise Partner), and Pete Steinle (Executive Talent Partner). More on these talented individuals, their backgrounds, and what they’re focused on at Lightspeed is below
Lightspeed has a long history — twenty years to be exact — of working with high-ambition, visionary founders, and proven CEOs and operators who have experience in rapidly scaling companies and asserting market leadership.
Within this curated community, we’ve been able to help facilitate successful partnerships that range from advisory roles and board memberships to close mentorship and operating partnerships. The combination can often result in building “category winner” companies, and there are many examples of companies born out of the tight-knit Lightspeed enterprise community throughout the valley.
Today, we are formalizing what we are already doing around mentorship and…
Announcing Lightspeed’s Series E investment in ThoughtSpot
Even in today’s data-centric world, it can take days or weeks on average for a manager to send a business query to a team of data analysts, who then perform analysis and send back answers. There are more than 1B knowledge workers compared to 1.5M data analysts able to use existing BI solutions.
Ask a Fortune 5000 CEO today about their top priorities and invariably enterprise security will be a high number on any list. Over the past few years, the awareness of emerging threats to companies continues to rise with a seemingly increasing number of high-profile cyberattacks and data breaches affecting organizations globally. No company despite their size or industry is immune to these threats. Furthermore, with the powerful trend of cloud and mobility taking the enterprise by storm over the past several years, network perimeters are now more fluid and porous, creating new vulnerabilities across a much larger attack surface.
“Who’s responsible for this?!”
This is the sad conclusion many organizations come to when a website or service goes down. They deduce that the issue was a person’s fault, instead of focusing on the root cause and identifying steps to systematically prevent such issues from happening again.
This is exactly the type of culture an aptly named Lightspeed portfolio company, Blameless, is changing.
Companies often struggle to find efficient ways of resolving incidents that affect services running in production. Delayed resolutions can have major impact on revenue and brand, and cost organizations in resources and time.
In an attempt to…