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Think Big. Move Fast.

Congratulations to Poojan Kumar, Satyam Vaghani and the rest of the PernixData team for raising a great Series B round led by Kleiner Perkins.

At Lightspeed, we are very proud of what the team has achieved in short 15 months since inception. As the founding investor board member I have witnessed first hand an enterprise innovation at Instagram speed. PernixData’s innovative Flash Virtualization Platform (FVP) disrupts the storage market by enabling virtualized datacenters to take advantage of decoupled storage performance from raw capacity. With PernixData’s FVP, companies no longer need to purchase capacity from storage vendors when they need performance. This radical design promises to not only solve the storage performance problem, but also ensures that enterprises can scale out their performance as easily as they scale their compute and memory, without any need to change applications or storage infrastructure.

 

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With more than 30 employees and growing, PernixData has over 50 customers in its beta program globally and is preparing for a public release of the product in the next few months. We believe that customers and partners have been waiting for a solution such as FVP, which positions PernixData to capitalize on a huge opportunity in the enterprise storage market.

If you found this post interesting follow me on Twitter @bipulsinha

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It’s no secret that that I see the opportunity for Bitcoin to disrupt multi-billion-dollar markets and dramatically cut transaction costs for people around the world.  We are in the early stages of innovation in this ecosystem, and Lightspeed wants to encourage that innovation

So today, I am thrilled to announce that Lightspeed Venture Partners will anchor the newly created Boost BitCoin Fund. This fund will provide all of the Bitcoin related startups in the next Boost VC incubator class with guaranteed capital.  Joining us an investors in the fund are Rothenberg Ventures, the Bitcoin Opportunity Fund and Ben Davenport.

Boost is a Bay Area accelerator founded by Adam Draper that is currently focused on Bitcoin. Adam is as passionate about Bitcoin as we are.  We are pleased to be working with him to provide some of the most promising early-stage startups in this market with the support and funding they need.

Lightspeed has made several investments in Bitcoin companies already and plan to continue funding companies in the Bitcoin ecosystem as an area of continued focus.

 

Follow us on Twitter @lightspeedvp @jeremysliew

 

 

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For decades the leading network companies have been tightly coupling their software to complex, custom-built chips. Besides leaving IT buyers with a staggering array of appliances, the reliance on custom silicon has chilled industry startup activity. But with software defined networking (SDN), that is beginning to change.

Check out my article in Network World for a look at the evolution of the SDN market, where we are today and what it means for entrepreneurs http://bit.ly/13eAUMc

 

Follow me on Twitter @arifj

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FinCEN, the department of the Treasury responsible for fighting financial crimes has already issued guidance on how it views Bitcoin. Now it looks like the Commodities Future Trading Commission may also seek to regulate Bitcoin. More regulation is …

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Right now, more than 80% of Bitcoin volume is in the USD market. And many of the pundits commenting on Bitcoin, both positively and negatively, are in the US. So it is natural to assume that Bitcoin adoption will …

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The LA Times and Chicago Tribune are for sale. BarryDiller recently announced that buying Newsweek was a mistake. They are not alone in their distress. Newspapers and print magazine across the country are under increasing pressure as they …

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What does “big data” mean to you? When most of us hear the term, we immediately think about mainstream use cases that leverage smarter data sets to assist companies in making better decisions that optimize business operations, improve enterprise application …

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For there to be a deep and liquid exchange marketplace in Bitcoin, the primary Bitcoin exchange needs to be robust and performant, with millisecond trade execution timeframes under heavy volume. Right now, Mt. Gox, the primary place where people can …

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Supercell raised $130M at a $770M valuation and got a lot of press for it recently. It is well on its way to being a billion dollar game company. Also on that track are companies like Kixeye (a Lightspeed portfolio …

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This week, the price of Bitcoin hit an all-time high of $266 and then a “flash crash” brought the price tumbling down to $105.  What happened?  The largest exchange Mt. Gox reported that it had seen dramatic increases in new …

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