TiBit Communications

Petaluma, United States Founded: 2014 • Age: 12 yrs Acquired By Ciena
Modules to virtualize access network using optical switches
Annual revenue - Latest available
Total funding $82.7M 4 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Technology
    Telecommunications
  • 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.
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure 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
    $82.69 M (USD)

    in 4 rounds

  • Latest Funding Round
    $30 M (USD), Series C

    Jun 23, 2022

  • Investors
    Swisscom

    & 7 more

  • Employee Count
    Not available
  • Acquired by
    Ciena

    (Nov 22, 2022)

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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.

Product name locked
Category locked
Primary

Delivers high-bandwidth connectivity for advanced routing and data paths

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Enables flexible PON deployment for enterprise and carrier networks

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Supports high-speed Ethernet-to-PON conversions for network integration

People of TiBit Communications

Headcount 10-50
Employee Profiles 15
Board Members and Advisors 3
Employee Profiles
People
Tan Ho
Sr. Field Applications Engineer
People
Richard Stanfield
President & CEO
People
Dave Flanagan
VP, Senior Managing Director
People
Jay Teborek
VP Sales & Marketing

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Board Members and Advisors
people
Patrick Pfeffer
Board Member
people
Micha Berger
Board Member
people
Jordan Sheff
Board Member

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment in technology startups focusing on compute, AI, and related innovations.
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Venture capital firm focused on healthcare startups
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Investments are made by Swisscom Ventures, backed by Swisscom AG.
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Investor details for TiBit Communications

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Investments & Acquisitions by TiBit Communications

Investments
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Investment portfolio details for TiBit Communications

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  • Transaction dates
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Financial Statements - TiBit Communications

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Detailed financials for TiBit Communications

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Tibit Communications Comparisons

TiBit Communications Primary company
Description
Modules to virtualize access network using optical switches
Location
Petaluma, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for TiBit Communications

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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.

Company Name Domain Founded year HQ Location Description
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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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Detailed competitors of TiBit Communications

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Latest news on Tibit Communications

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Complete news archive for TiBit Communications

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Frequently Asked Questions about TiBit Communications

TiBit Communications was founded in 2014 and raised its 1st funding round 2 years after it was founded.

TiBit Communications is headquartered in Petaluma, United States. It is registered at Petaluma, California, United States.

TiBit Communications is a funded company, having raised a total of $82.69M across 4 funding rounds to date.

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.

TiBit Communications's top competitors include VMware, Mavenir and Ericsson.

TiBit Communications offers WaveLogic 6 Extreme, Tibit MicroPlug OLT, and Tibit MicroPlug ONU/ONT.

TiBit Communications has 8 investors. Key investors include Swisscom, Ciena, Liberty Global, Juniper Networks, and Aju IB Investment.

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