Lightmatter

Boston, United States Founded: 2017 • Age: 9 yrs
3D-stacked photonic chips for AI computing are developed.
Annual revenue - Latest available
Total funding $822.2M 10 rounds
Employees 145 Tracked headcount
Investors 13 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Lightmatter

Lightmatter is a company based in Boston (United States) founded in 2017 by Darius Bunandar, Nicholas Harris, and Thomas Graham. Lightmatter has raised $822.23 million across 10 funding rounds from investors including Fidelity Investments, Hewlett Packard Enterprise and Lockheed Martin. The company has 145 employees as of December 31, 2023. Lightmatter offers products and services including Passage M1000, Passage L200, Envise, and Idiom. Lightmatter operates in a competitive market with competitors including LightOn, Celestial AI, Optalysys, LightSpeedAI Labs and Expedera, among others.

  • Headquarter Boston, United States
  • Employees 145 as on 31 Dec, 2023
  • Founders Darius Bunandar, Nicholas Harris, Thomas Graham
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Semiconductors, Electronics & Hardware Unlock Sub-Sector Unlock Segment
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $822.23 M (USD)

    in 10 rounds

  • Latest Funding Round
    $400 M (USD), Series D

    Oct 11, 2024

  • Investors
  • Employee Count
    145

    as on Dec 31, 2023

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Products & Services of Lightmatter

Lightmatter offers a comprehensive portfolio of products and services, including Passage M1000, Passage L200, Envise, and Idiom.

Product name locked
Category locked
Primary

Platform for AI interconnects using silicon photonics technology.

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Solution for 3D co-packaged optics in AI applications.

Product name locked
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Software for photonic research and development purposes.

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Component for photonic standardization and AI networking.

People of Lightmatter

Headcount 50-200
Employee Profiles 76
Board Members and Advisors 10
Employee Profiles
People
Sandeep Sane
Sr Director, Head Of Packaging Technologies
People
Thomas Graham
Co-Founder & COO
People
Steve Klinger
VP, Product
People
Ritesh Jain
SVP, Engineering & Operations

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Board Members and Advisors
people
David Miller
Technical Advisor
people
Dirk Englund
Technical Advisor
people
Natasha Jen
Creative Advisor
people
Santo Politi
Director

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Funding Insights of Lightmatter

Lightmatter has successfully raised a total of $822.23M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $400 million completed in October 2024. 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.

Investors in Lightmatter

Lightmatter has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Fidelity Investments, Hewlett Packard Enterprise and Lockheed Martin.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate backed venture capital fund investing in multiple sectors
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Early-stage technology startups are supported by SIP Global Partners.
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Private investment firm focused on multiple sectors
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Investor details for Lightmatter

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Investments & Acquisitions by Lightmatter

Investments
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Investment portfolio details for Lightmatter

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  • Transaction dates
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Financial Statements - Lightmatter

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Detailed financials for Lightmatter

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Lightmatter Comparisons

Lightmatter Primary company
Description
3D-stacked photonic chips for AI computing are developed.
Location
Boston, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
145
As of 2023
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Peer comparison for Lightmatter

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Competitors of Lightmatter

Lightmatter 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 LightOn, Celestial AI, Optalysys, LightSpeedAI Labs and Expedera, among others.

Company Name Domain Founded year HQ Location Description
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Optical processors are provided for machine learning computations.
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Provider of AI-powered optical processing units
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AI-powered optical processing technology for big data applications is developed.
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Developer of optoelectronic processors and interconnects for data centers and near-edge compute
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Manufacturer of AI accelerators
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Detailed competitors of Lightmatter

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Latest news on Lightmatter

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Complete news archive for Lightmatter

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Frequently Asked Questions about Lightmatter

Lightmatter was founded in 2017.

Lightmatter is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Nicholas Harris is the current CEO of Lightmatter. They have also founded this company.

Lightmatter is a funded company, having raised a total of $822.23M across 10 funding rounds to date.

As of Dec 31, 2023, the latest employee count at Lightmatter is 145.

Lightmatter was founded in 2017 in Boston, United States, and operates in the photonics sector for AI applications. 3D-stacked photonic chips are developed to overcome bandwidth and power constraints of silicon processors. Interconnect and packaging solutions are provided, along with integrated lasers, to support advanced AI systems. Operations focus on hardware innovations for scalable computing architectures.

Lightmatter's top competitors include Celestial AI, LightOn and Optalysys.

Lightmatter offers Passage M1000, Passage L200, Envise, and Idiom.

Lightmatter has 13 investors. Key investors include Fidelity Investments, Hewlett Packard Enterprise, Lockheed Martin, T. Rowe Price, and Google Ventures.

The valuation of Lightmatter is $1.2B as of Dec 2023.

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