About BrightBytes
BrightBytes is a company based in San Francisco (United States) founded in 2012 was acquired by Google in November 2022.. BrightBytes has raised $52.25 million across 5 funding rounds from investors including Google, Bessemer Venture Partners and Insight Partners. BrightBytes has completed 1 acquisition, including Authentica Solutions. BrightBytes operates in a competitive market with competitors including Panorama Education, OThot, Illuminate Education, BridgeU and Kidaptive, among others.
- Headquarter San Francisco, United States
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Sectors
Education
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Phone
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Website
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Social
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Software Development Team
277 people
Sales and Marketing
274 people
Leadership Team
198 people
Product Management Team
165 people
Creative and Marketing Team
126 people
Operations Team
83 people
Senior Team
61 people
Account Team
58 people
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Funding Insights of BrightBytes
BrightBytes has successfully raised a total of $52.25M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $33 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $33.0M
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First Round
First Round
(03 Mar 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2015 | Amount | Series C - BrightBytes | Valuation | Insight Partners | |
| Mar, 2014 | Amount | Series B - BrightBytes | Valuation | Bessemer Venture Partners | |
| Jun, 2013 | Amount | Series A - BrightBytes | Valuation | Rethink Capital Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in BrightBytes
BrightBytes has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Google, Bessemer Venture Partners and Insight Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Real estate, venture capital investments, and financial services are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BrightBytes
BrightBytes has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Authentica Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based data integration and management for education are offered.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - BrightBytes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Brightbytes Comparisons
Competitors of BrightBytes
BrightBytes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Panorama Education, OThot, Illuminate Education, BridgeU and Kidaptive, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Academic survey platforms for K-12 feedback collection are provided.
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| domain | founded_year | HQ Location |
Predictive analytics solutions are provided for the education sector.
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| domain | founded_year | HQ Location |
An assessment and analytics platform for schools is offered.
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| domain | founded_year | HQ Location |
Admission counseling is delivered via predictive analytics for students.
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| domain | founded_year | HQ Location |
Adaptive gamified learning platform for children is offered on tablets.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Brightbytes
Frequently Asked Questions about BrightBytes
When was BrightBytes founded?
BrightBytes was founded in 2012.
Where is BrightBytes located?
BrightBytes is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is BrightBytes a funded company?
BrightBytes is a funded company, having raised a total of $52.25M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3.28M, raised on Mar 03, 2012.
What does BrightBytes do?
BrightBytes was founded in 2012 in San Francisco, United States, within the edtech sector. A SaaS platform is operated to deliver data analytics for educational institutions. Research and school data are integrated to analyze technology application by teachers and students in classrooms. Administrators are supported in evaluating and adopting relevant technologies. Operations focus on factual insights derived from institutional usage patterns.
Who are the top competitors of BrightBytes?
BrightBytes's top competitors include BridgeU, Panorama Education and AstrumU.
How many acquisitions has BrightBytes made?
BrightBytes has made 1 acquisition, including Authentica Solutions.
Who are BrightBytes's investors?
BrightBytes has 6 investors. Key investors include Google, Bessemer Venture Partners, Insight Partners, Rethink Capital Partners, and Learn Ventures.
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