About Lightconnect
Lightconnect is a company based in Newark (United States) founded in 1998 was acquired by NeoPhotonics in June 2006.. Lightconnect has raised $33.2 million across 3 funding rounds from investors including NeoPhotonics, Sevin Rosen and Morgenthaler. Lightconnect operates in a competitive market with competitors including Ciena, Zayo, Broadcom, Finisar and Everstream, among others.
- Headquarter Newark, United States
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$33.2 M (USD)
in 3 rounds
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Latest Funding Round
$9 M (USD), Series C
Sep 13, 2002
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Investors
NeoPhotonics
& 5 more
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Employee Count
Employee Count
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Acquired by
NeoPhotonics
(Jun 19, 2006)
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Funding Insights of Lightconnect
Lightconnect has successfully raised a total of $33.2M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $9 million completed in September 2002. 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 C — $9.0M
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First Round
First Round
(01 Jun 2000)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2002 | Amount | Series C - Lightconnect | Valuation |
investors |
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| Jul, 2001 | Amount | Series B - Lightconnect | Valuation |
investors |
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| Jun, 2000 | Amount | Series A - Lightconnect | Valuation |
investors |
| 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 Lightconnect
Lightconnect has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include NeoPhotonics, Sevin Rosen and Morgenthaler. 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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Early-stage US investments in technology and offline sectors are targeted.
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Founded Year | Domain | Location | |
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Venture capital and private equity investment firm
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Founded Year | Domain | Location | |
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Entrepreneur mentorship and selective investments are provided by Incubic.
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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 Lightconnect
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Lightconnect
| 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 |
Lightconnect Comparisons
Competitors of Lightconnect
Lightconnect 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 Ciena, Zayo, Broadcom, Finisar and Everstream, 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 |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Fiber communication infrastructure and connectivity solutions are provided by Zayo.
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| domain | founded_year | HQ Location |
Data center fiber optic networks and connectivity solutions are provided.
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| domain | founded_year | HQ Location |
Fiber optic subsystems and components are supplied for communications networks.
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| domain | founded_year | HQ Location |
Heads-up displays for augmented reality are designed and manufactured.
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| domain | founded_year | HQ Location |
Facilities-based communications and network services are provided via fiber optics.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Lightconnect
When was Lightconnect founded?
Lightconnect was founded in 1998 and raised its 1st funding round 2 years after it was founded.
Where is Lightconnect located?
Lightconnect is headquartered in Newark, United States. It is registered at Newark, New Jersey, United States.
Is Lightconnect a funded company?
Lightconnect is a funded company, having raised a total of $33.2M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8.4M, raised on Jun 01, 2000.
What does Lightconnect do?
Lightconnect was founded in 1998 in Newark, United States, as a developer in the optics sector. MEMS-based modules for fiber-optic communication were produced, encompassing blockers, variable optical attenuators, and dynamic gain and channel equalizers. Optical components were constructed using diffractive MEMS technology. Operations centered on these systems until the companys closure.
Who are the top competitors of Lightconnect?
Lightconnect's top competitors include Ciena, Broadcom and Everstream.
Who are Lightconnect's investors?
Lightconnect has 6 investors. Key investors include NeoPhotonics, Sevin Rosen, Morgenthaler, Incubic, and USVP.