Lightspeed Venture Partners Hits $122M with China Fund
June 04, 2012
Lightspeed Venture Partners, a Menlo Park-based VC firm focused on technology investments, has raised $122.9 million for its Lightspeed China Partners I fund. The fund opened in November 2011 and has already eclipsed 60 percent of its target size of $200 million. In addition to its China-centric fund, Lightspeed is currently raising capital for its Lightspeed Venture Partners IX fund, which opened in January with a target of $675 million.