Lightspeed $9B Raise: $4.5B Flagship, AI Focus
Analysis of Lightspeed Venture Partners' 2026 close of three funds totalling nine billion dollars, its backer base, AI allocation, portfolio outcomes and comparisons with other big venture firms.
Company
Every investor coverage indicates participated in a round Mulesoft raised.
Companies Mulesoft acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Rob Thorne | Senior Vice President of Asia Pacific and Japan | ARN (ARNnet) |
| Liam Doyle | Senior Vice President and General Manager of Automation | Startup Daily |
Stories naming Mulesoft. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Analysis of Lightspeed Venture Partners' 2026 close of three funds totalling nine billion dollars, its backer base, AI allocation, portfolio outcomes and comparisons with other big venture firms.
CloudWave announced a $75 million round to speed growth and broaden its cloud services; the page also lists recent raises by ProvanAI, ProducePay, Peaky, Boring Company, Watu, Render and Arcee AI.
Process mining startup Apromore, spun out of Melbourne University, raised US$10.3 million (A$15.8 million) in Series B funding from Salesforce and GBTEC, and announced a product partnership with Salesforce.
Also SmartCompany·Techboard
Sydney IT consultancy Cloudwerx has raised $7 million from CVC Emerging Companies Fund, its first external capital, to fund expansion, double staffing and pursue acquisitions.
ARN reports Capgemini is acquiring Sydney-based MuleSoft consultancy WhiteSky Labs, with more than 150 staff set to move across; terms undisclosed. WhiteSky previously drew backing from Salesforce Ventures' US$50 million Australia Trailblazer Fund.
Long-time Australian Salesforce integrator Arxxus went into liquidation in February 2020 owing millions, including to Salesforce Ventures; the piece retraces its funded rise and rapid financial collapse.
Also ARN (ARNnet)
Salesforce partner Arxxus has entered administration owing creditors, including Salesforce Ventures and the tax office, more than $5.4 million, with liquidation likely; most local staff were let go and its app is being sold.