Lightspeed latest VC firm to raise cash — w/ plans to invest abroad

January 10, 2006 | Matt Marshall | Comments |
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Lightspeed Venture Partners, the venture firm in Menlo Park that has had some partnership changes lately, said it has finished raising $475 million to invest in new companies. So what is different from its previous fund? Well, it plans to invest directly into companies in China and Israel. So it is a sign of the times. Everyone is investing abroad.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.

  • Barry talked about this new fund at SVASE event. It seems 10% is going to China and another 10% going to Israle.