Lightspeed Venture Partners has added Justin Caldbeck as managing director. Caldbeck was previously a director at Bain Capital Ventures, where he focused on of consumer Internet, enterprise software and business services companies. In his new role at Lightspeed, Caldbeck will focus on business and consumer Internet investments as well as opportunities in the emerging mobile web, the firm said.
Lightspeed Venture Partners, a leading, global venture capital firm with over $2 billion in committed capital, today announced that Justin Caldbeck has joined the firm as managing director. In this post, Caldbeck will focus on business and consumer Internet investments as well as opportunities in the emerging mobile web.
“Justin brings notable category expertise to the firm,” stated Ravi Mhatre, Lightspeed co-founder and managing director. “As we continue to capitalize on key investments in these highly viable sectors, Justin will be integral in the expansion of our successful portfolio, which already includes market leaders such as Playdom and LivingSocial, among others.”
Before joining Lightspeed, Caldbeck was a director at Bain Capital Ventures, where he launched the firm’s West Coast office. During this tenure, he was a board member as well as board observer for a wide range of consumer Internet, enterprise software and business services companies, including TheFind, Adready, INRIX, Bloomreach, DNA Games, Oyster.com, and Magazine Radar. Previously, Caldbeck was at McKinsey and Co. where he served consumer and media companies in a variety of capacities.
“Lightspeed has an impressive track record with a rapidly increasing portfolio of high profile startups in the Internet and mobile markets,” noted Caldbeck. “I’m pleased to join this accomplished team to bring a range of new opportunities to fruition.”
Caldbeck holds an MBA from Harvard University and a BA in economics from Duke University.
About Lightspeed Venture Partners
Lightspeed Venture Partners is a leading global venture capital firm with over $2 billion of committed capital under management. Lightspeed’s investment professionals and advisors are located in Silicon Valley, China, India and Israel. Over the past two decades, the Lightspeed team has backed more than 150 companies, many of which have become leaders in their respective markets including Blue Nile, Brocade, Calista, Ciena, DoubleClick, eHealth, Flixster, Galileo Technology, Growth Networks, Informatica, Kiva Software, Kosmix, LightLogic, LivingSocial, Lucky Pai, Maker Communications, Metasolv, Phone.com, Playdom, Quantum Effect Devices, Riverbed, RockYou, Shoedazzle, Sirocco, TheFind, TutorVista, Virsa Systems, and Waveset. For more information, visit the Lightspeed website: www.lightspeedvp.com