Lightspeed Ventures looks to cash in on cloud-based businesses

Lightspeed doesn't disclose its investments but officials say that as an early stage fund, it makes seed and series A investments that are in the range of $1-$3 million and $3 million-upwards

Last year, the biggest technology acquisitions worldwide had something in common. 
 

The $4.75 billion acquisition of cloud B2B marketing software company Marketo by multimedia giant Adobe, the $800 million acquisition of cloud-based artificial intelligence (AI) firm Datorama by Salesforce, Siemens’ buyout of cloud-based software Mendix for $730 million, and IBM’s monster-sized buyout of enterprise software firm Red Hat for $34 billion all point to one overriding trend. 

That is, the future of software is in cloud-based solutions that comprise AI and functional specific programmes that allow for collaboration. 

Lightspeed Venture Partners has had measurable success in related technologies. 

Two years