Lak Ananth
Managing Partner at Next47
Lak Ananth
Managing Partner at Next47
Palo Alto, California
Overview
Work Experience
Chief Executive Officer & Managing Partner
2016 - Current
Lak leads Next47, a global venture firm, with over $2 billion in committed capital.
Next47 invests in groundbreaking enterprise entrepreneurs and accelerates revenue growth by opening doors to customers around the world.
Investor
2022
TigerEye is a SAAS company that offers AI powered business simulation engine for strategic sales planning and execution.
Raised $35,000,000.00 from Initialized Capital, Next47, Pioneer Fund and Y Combinator.
Board Member
2022
Investor
2020
Observe.AI is a conversational intelligence platform for contact centers.
Raised $214,020,000.00 from Next47, Emergent Ventures, SoftBank Vision Fund, Scale Venture Partners, Steadview Capital, Nexus Venture Partners, Menlo Ventures, Zoom, NGP Capital and Carya Venture Partners.
Board Member
2020
VAST Data offers a unified data platform that integrates storage, database, and compute capabilities into a single software platform.
Raised $381,000,000.00 from New Enterprise Associates, Fidelity, Bond Capital and Drive Capital.
Board Observer
2019
Investor
2019
Board Member
2018
Verkada is a cloud-based physical security platform provider helping enterprises operate safer, smarter buildings.
Raised $444,299,996.00 from Felicis, Lightspeed Venture Partners, Alkeon Capital, Section Partners, Meritech Capital Partners, Friends & Family Capital, Quiet Capital, Sequoia Capital, Linse Capital and Felicis.
Board Member
2017 - 2021
Markforged is a manufacturing company that invents a new 3D printing process to build parts with the strength of Continuous Carbon Fiber.
Raised $346,800,000.00 from M12 - Microsoft's Venture Fund, Wasatch Ventures, Miller Value Partners, Porsche Automobil Holding, Wellington Management, Baron Capital and BlackRock.
Investor
2016 - 2016
Shape provides defense against malicious automated cyber-attacks on web and mobile applications.
Raised $183,000,000.00 from EPIC Ventures, Norwest Venture Partners, Top Tier Capital Partners, Kleiner Perkins, C5 Capital, JetBlue Ventures and Focus Ventures.