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TheStreet (The Deal)

Duo Makes Sense for Cisco: Target’s Backer

As Cisco buys Duo Security for $2.34 billion, backer Brian Neider of Lead Edge Capital discusses the evolution of the security unicorn. Read more


Cisco to acquire security unicorn Duo for $2.35 billion

Cisco Systems Inc. has agreed to pay $2.35 billion for security startup Duo Security, the companies announced Thursday morning, beefing up the networking company’s software offerings. Read more


Cisco to buy cyber-security company Duo for $2.35 billion

Cisco Systems Inc said on Thursday it would buy Duo Security, a venture capital-backed cyber security company, for $2.35 billion in cash, as part of its push to expand into a faster Read more

Toast Notches $115M In Series D Round

To drive investment in R&D, recruiting and expansion, Toast announced on Tuesday (July 10) that it has raised $115 million in Series D funding. The funding round, which was led by funds and accounts Read more


Arrive Logistics acquires VC funding

Freight brokerage company Arrive Logistics has closed a new round of funding led by New York-based Lead Edge Capital, a growth stage investment fund focused on software, Internet and technology-enabled services. Read more


The music business is fundamentally broken: NYU finance professor

Nimay Mehta, Lead Edge Capital partner, and NYU Stern School of Finance Professor Aswath Damodaran discuss why Spotify chose to not raise capital with a traditional IPO and what will drive the Read more

Fox Business

Spotify is Trump-proof: Mitchell Green

Lead Edge Capital's Mitchell Green on the state of the tech sector. Read more

CNN Money

Spotify investor predicts the stock will be a smash hit

The company is going around the investment bankers and taking itself public. Nobody knows what the price will be when the stock starts trading. But Mitchell Green isn't concerned. He's the founder Read more

Fox Business

Spotify sees 2018 revenue growing 20%-30%, slower than 2017

Spotify, the world's biggest selling music streaming service, expects revenue to grow 20-30 percent this year as currency swings slow the pace from 2017 and it gears up for one of Europe's Read more

Financial Times

Experian buys 3-year-old fintech group ClearScore for £275m

Experian announced its acquisition of LEC-backed ClearScore for £275M Read more

Fox Business

Why Spotify decided to go public

Lead Edge Capital founder Mitchell Green explains why the music-streaming service Spotify chose to go public, arguing that the company wants to acquire more customers. Read more

Business Insider

30 AND UNDER: Rising stars in NY tech who find hot startup deals and manage millions of dollars

LEC General Partner Nimay Mehta is select on the list of rising stars in NYC VC. Read more

Bloomberg Tech

Lead Edge’s Mehta Sees SoftBank as Positive for Tech Startups

Nimay Mehta, Lead Edge Capital partner, discusses the landscape for venture capital with Emily Chang on "Bloomberg Technology." Read more


Spotify files IPO as direct listing on NYSE

Spotify doesn't need to raise money, says Nimay Mehta, Lead Edge Capital partner, talking about the company's plans to go public as a direct listing. Read more


Spotify is the reason music is growing: Lead Edge Capital’s Mitchell Green

Mitchell Green, Lead Edge Capital founder and managing partner, and Balaji Srinivasan, CEO & co-founder and Andreessen Horowitz partner, discuss the outlook for tech IPOs like Spotify. Read more

New York Times (via Reuters)

SoftBank says Benchmark, Menlo Ventures ready to sell some Uber stock

Still, many investors remained enthusiastic about Uber and told Reuters they were not selling. Mitchell Green of Lead Edge Capital, which invested when the company had a $40 billion valuation, has said Read more

Wall Street Journal

Uber Hack Clouds Valuation as SoftBank Readies Bid

Mitchell Green, founding partner at Lead Edge Capital, an Uber investor, said breaches have become so commonplace that consumers are going to keep using the service and the core business won’t be Read more

Business Insider

50 startups that will boom in 2018, according to VCs

"Duo just reached a valuation over $1 billion with their latest growth financing that we co-led, after first investing in the business nearly three years ago," says Avery Rosin, Principal at LEC. Read more