About ByteLight
ByteLight is a company based in Boston (United States) founded in 2011 was acquired by Acuity Brands in April 2015.. ByteLight has raised $5.79 million across 3 funding rounds from investors including Motorola Mobility, Acuity Brands and Flywheel Ventures. ByteLight offers products and services including Indoor Lighting, Outdoor Lighting, Lighting Controls, Industrial Lighting, and Intelligent Spaces. ByteLight operates in a competitive market with competitors including TomTom, NavInfo, MapsPeople, NNG and Topcon Positioning, among others.
- Headquarter Boston, United States
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Sectors
TechnologyRetail Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Bytelight Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.79 M (USD)
in 3 rounds
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Latest Funding Round
$4.54 M (USD), Series A
Oct 18, 2013
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Investors
Motorola Mobility
& 5 more
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Employee Count
Employee Count
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Acquired by
Acuity Brands
(Apr 16, 2015)
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Products & Services of ByteLight
ByteLight offers a comprehensive portfolio of products and services, including Indoor Lighting, Outdoor Lighting, Lighting Controls, Industrial Lighting, and Intelligent Spaces. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fixtures for architectural and residential environments
Solutions for area, site, and roadway illumination
Devices for managing lighting operations
High-bay and strip lights for factory settings
Platforms for integrated building automation
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Leadership Team
30 people
Software Development Team
29 people
Sales and Marketing
22 people
Finance and Accounting
14 people
Legal and Compliance
7 people
Human Resources and Administration
4 people
Product Management Team
3 people
Creative and Marketing Team
2 people
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Funding Insights of ByteLight
ByteLight has successfully raised a total of $5.79M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.54 million completed in October 2013. 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 3
- Last Round Series A — $4.5M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2013 | Amount | Series A - ByteLight | Valuation | VantagePoint Capital Partners | |
| Oct, 2012 | Amount | Seed - ByteLight | Valuation |
investors |
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| May, 2011 | Amount | Seed - ByteLight | Valuation |
investors |
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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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ByteLight
ByteLight has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Motorola Mobility, Acuity Brands and Flywheel Ventures. 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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Flywheel Ventures is focused on building innovative global solutions.
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Founded Year | Domain | Location | |
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Angel funding is provided to Silicon Valley-based companies.
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Founded Year | Domain | Location | |
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Venture capital firm
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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 ByteLight
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ByteLight
| 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 |
Bytelight Comparisons
Competitors of ByteLight
ByteLight 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 TomTom, NavInfo, MapsPeople, NNG and Topcon Positioning, 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 |
SaaS-based navigation and location mapping solutions are developed.
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| domain | founded_year | HQ Location |
Digital maps, telematics, and dynamic traffic information solutions are provided.
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| domain | founded_year | HQ Location |
Indoor navigational platform is provided through API mapping tools.
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| domain | founded_year | HQ Location |
White-label connected car navigation and infotainment solutions are provided.
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| domain | founded_year | HQ Location |
Provides precision positioning systems for infrastructure and farming sectors.
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| domain | founded_year | HQ Location |
Map applications for transportation location management are provided.
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ByteLight
When was ByteLight founded?
ByteLight was founded in 2011.
Where is ByteLight located?
ByteLight is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is ByteLight a funded company?
ByteLight is a funded company, having raised a total of $5.79M across 3 funding rounds to date.
What does ByteLight do?
ByteLight was founded in 2011 and is headquartered in Boston, United States. Location-based tracking solutions are developed for the marketing sector, where existing lighting infrastructure is leveraged to identify shopper positions accurately. Targeted content is then delivered to individuals with smartphones in retail settings, supporting data-driven engagement based on real-time location data. Operations focus on integrating technology with physical environments for enhanced precision.
Who are the top competitors of ByteLight?
ByteLight's top competitors include TomTom, MapsPeople and NavInfo.
What products or services does ByteLight offer?
ByteLight offers Indoor Lighting, Outdoor Lighting, Lighting Controls, Industrial Lighting, and Intelligent Spaces.
Who are ByteLight's investors?
ByteLight has 6 investors. Key investors include Motorola Mobility, Acuity Brands, Flywheel Ventures, eCoast Angel Network, and Sand Hill Angels.
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