Lightbits Labs logo — The most cost-efficient cloud data storage for performance-i...

Lightbits Labs

The most cost-efficient cloud data storage for performance-intensive workloads. #CloudStorage #CloudOptimization

Founded 2016 United States San Jose, United States 105 employees Venture round Total: $112.80M Hardware, Information Technology

General Information

Company Name Lightbits Labs
Founded Year 2016
Location United States San Jose, United States
Employees 105
Industries Hardware, Information Technology
Funding Stage Venture round
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About Lightbits Labs

Lightbits Labs is a US-based IT startup founded in 2016, specializing in offering a cost-efficient cloud data storage solution for performance-intensive workloads. The company's platform is designed to provide performance, security, and reliability equivalent to on-premises environments when running mission-critical workloads in the cloud.

Lightbits Labs' compatibility with any cloud and orchestration system allows it to deliver unmatched performance speeds for analytics, high-performance databases such as Oracle, SQL, Cassandra, and Kafka, as well as transactional workloads. In fact, their platform is designed to make cloud-native applications run 6X faster and at half the cost compared to native cloud solutions.

The startup's recent milestone involved receiving a substantial $42.00M Venture Round investment on 28 June 2022 from a group of renowned investors including Valor Equity Partners, Atreides Capital, O.G. Venture Partners, JP Morgan, and Richard Li.

Lightbits Labs is committed to helping its customers store data on the cloud more simply, flexibly, and efficiently. Their focus on revolutionizing cloud infrastructure for a sustainable future aligns with their slogan: "The most cost-efficient cloud data storage for performance-intensive workloads." The company's emphasis on performance, efficiency, and innovation is also echoed in their recruitment drive for exceptional software engineers to join their team in reimagining a faster, more secure, and reliable cloud platform. Overall, Lightbits Labs stands out as a promising player in the cloud storage and optimization space, backed by solid financial support and a clear vision for the future.

Taxonomy: CloudStorage, CloudOptimization, DataPlatform, MissionCriticalWorkloads, Performance, Reliability, CloudNativeApplications, HighPerformanceDatabases, TransactionWorkloads, CloudInfrastructure, SoftwareEngineers, CloudSecurity, DataStorage

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round $42.00M 5
Valor Equity Partners, Atreides Capital +3
28 Jun 2022
Venture Round Undisclosed 1
Intel Capital
29 Sep 2020
Series B $50.00M 4
Celesta Capital, Cisco +2
27 Jul 2018
Series A $20.80M -
12 Apr 2017

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FAQ About Lightbits Labs

The most cost-efficient cloud data storage for performance-intensive workloads. #CloudStorage #CloudOptimization
Lightbits Labs was founded in 2016.
Lightbits Labs is headquartered in San Jose, United States.
Lightbits Labs operates in Hardware and Information Technology. Its work centres on CloudStorage, CloudOptimization, DataPlatform and MissionCriticalWorkloads.
Lightbits Labs has approximately 105 employees.
Lightbits Labs has completed 4 funding rounds, raising a total of $112.80M. The latest funding stage is Venture round.
Top alternatives and competitors to Lightbits Labs include HiPOINT CONNECT , Quality Technology Industrial Co., Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Lightbits Labs and HiPOINT CONNECT are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Lightbits Labs, https://bouncewatch.com/company/lightbits-labs, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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