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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$822.23 M (USD)
in 10 rounds
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Latest Funding Round
$400 M (USD), Series D
Oct 11, 2024
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Investors
Fidelity Investments
& 12 more
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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.
Platform for AI interconnects using silicon photonics technology.
Solution for 3D co-packaged optics in AI applications.
Software for photonic research and development purposes.
Component for photonic standardization and AI networking.
People of Lightmatter
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Software Development Team
24 people
Creative and Marketing Team
13 people
Leadership Team
12 people
Product Management Team
5 people
Senior Team
3 people
Human Resources and Administration
3 people
Photonics Team
2 people
Sales and Marketing
2 people
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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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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
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Lightmatter
Investment portfolio details for Lightmatter
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- Portfolio identities
- Transaction dates
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Financial Statements - Lightmatter
Detailed financials for Lightmatter
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Lightmatter Comparisons
Peer comparison for Lightmatter
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- Headcount comparison
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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
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.