The Spiders are named after an internet terms for bots which crawl through the web looking for data for search engines.
Lightspeed partner Peter Nieh said, “Lightspeed has a long history of backing extraordinary teams.
“We are thrilled to back the Spiders, a startup homegrown right here in Silicon Valley with some of the best players in the world.
“Lightspeed is also proud to support the sport of Ultimate which exemplifies the spirit of entrepreneurship: high energy, creativity and passion combined with great teamwork.”
Spiders owner Andrew Zill added, “Ultimate is a sport filled with players that work in technology and startups.
“For instance, Google co-founder Sergey Brin, WhatsApp co-founders Brian Acton and Jan Koum, Pebble founder Eric Migicovsky, and Quora co-founder Charlie Cheever are all Ultimate players.
“Lightspeed is at the center of the high technology and startup world, making them the ideal title sponsor.”
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