Early-stage venture firm Lightspeed Venture Partners on Monday announced the final closing of its eighth fund with $800 million for information technology and cleantech investments.
The Menlo Park, Calif., firm blew past its initial target of $675 million thanks to a strong demand from Lightspeed's existing limited partners, general partner Chris Schaepe said.
"It was a robust fundraising environment," Schaepe said. "There continues to be very good appetite within the LP community for early-stage venture capital."
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