About TiBit Communications
TiBit Communications is a company based in Petaluma (United States) founded in 2014 was acquired by Ciena in November 2022.. TiBit Communications has raised $82.69 million across 4 funding rounds from investors including Swisscom, Ciena and Liberty Global. TiBit Communications offers products and services including WaveLogic 6 Extreme, Tibit MicroPlug OLT, and Tibit MicroPlug ONU/ONT. TiBit Communications operates in a competitive market with competitors including VMware, NEC, Ericsson, Mavenir and CommScope, among others.
- Headquarter Petaluma, United States
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Sectors
TechnologyTelecommunications
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Email
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Phone
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Website
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Social
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- Legal Name Tibit Communications, Inc.
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Products & Services of TiBit Communications
TiBit Communications offers a comprehensive portfolio of products and services, including WaveLogic 6 Extreme, Tibit MicroPlug OLT, and Tibit MicroPlug ONU/ONT. 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.
Delivers high-bandwidth connectivity for advanced routing and data paths
Enables flexible PON deployment for enterprise and carrier networks
Supports high-speed Ethernet-to-PON conversions for network integration
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Funding Insights of TiBit Communications
TiBit Communications has successfully raised a total of $82.69M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in June 2022. 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 4
- Last Round Series C — $30.0M
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First Round
First Round
(27 Sep 2016)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series C - TiBit Communications | Valuation |
investors |
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| Aug, 2019 | Amount | Series B - TiBit Communications | Valuation | Intel Capital | |
| Oct, 2016 | Amount | Series A - TiBit Communications | Valuation | Liberty Global |
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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 TiBit Communications
TiBit Communications has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Swisscom, Ciena and Liberty Global. 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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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Venture capital firm focused on healthcare startups
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Founded Year | Domain | Location | |
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Investments are made by Swisscom Ventures, backed by Swisscom AG.
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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 TiBit Communications
| 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 - TiBit Communications
| 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 |
Tibit Communications Comparisons
Competitors of TiBit Communications
TiBit Communications 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 VMware, NEC, Ericsson, Mavenir and CommScope, 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 |
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| domain | founded_year | HQ Location |
Cloud orchestration solutions are provided for multi-cloud and device applications.
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Cloud-based IT and networking solutions are provided globally.
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Telecom equipment and software solutions are provided for networks.
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Multi-access edge networking computing platform is provided for mobile services.
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Fiber-optic and wireless infrastructure products provider
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Network Functions Virtualization platform provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Tibit Communications
Frequently Asked Questions about TiBit Communications
When was TiBit Communications founded?
TiBit Communications was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is TiBit Communications located?
TiBit Communications is headquartered in Petaluma, United States. It is registered at Petaluma, California, United States.
Is TiBit Communications a funded company?
TiBit Communications is a funded company, having raised a total of $82.69M across 4 funding rounds to date. The company's 1st funding round was a Series A of $13.84M, raised on Sep 27, 2016.
What does TiBit Communications do?
Founded in 2014 in Petaluma, United States, TiBit Communications operates in the telecommunications sector. OLT and ONT modules are supplied to virtualize FTTx PON access networks through optical switches. These solutions enable ethernet switches to substitute traditional access equipment and include software that integrates with SDN orchestrators. Customers encompass telecom operators, service providers, MSOs, and enterprises.
Who are the top competitors of TiBit Communications?
What products or services does TiBit Communications offer?
TiBit Communications offers WaveLogic 6 Extreme, Tibit MicroPlug OLT, and Tibit MicroPlug ONU/ONT.
Who are TiBit Communications's investors?
TiBit Communications has 8 investors. Key investors include Swisscom, Ciena, Liberty Global, Juniper Networks, and Aju IB Investment.
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