Lightbits Labs

The most cost-efficient cloud data storage for performance-intensive workloads. #CloudStorage #CloudOptimization

General Information
Company Name
Lightbits Labs
Founded Year
2016
Location (Offices)
San Jose, United States +3
Founders / Decision Makers
Number of Employees
105
Industries
Hardware, Information Technology
Funding Stage
Series Unknown
Social Media

Lightbits Labs - Company Profile

Lightbits Labs is a US-based IT startup founded in 2016, specializing in offering a cost-efficient cloud data storage solution for performance-intensive workloads. The company's platform is designed to provide performance, security, and reliability equivalent to on-premises environments when running mission-critical workloads in the cloud.

Lightbits Labs' compatibility with any cloud and orchestration system allows it to deliver unmatched performance speeds for analytics, high-performance databases such as Oracle, SQL, Cassandra, and Kafka, as well as transactional workloads. In fact, their platform is designed to make cloud-native applications run 6X faster and at half the cost compared to native cloud solutions.

The startup's recent milestone involved receiving a substantial $42.00M Venture Round investment on 28 June 2022 from a group of renowned investors including Valor Equity Partners, Atreides Capital, O.G. Venture Partners, JP Morgan, and Richard Li.

Lightbits Labs is committed to helping its customers store data on the cloud more simply, flexibly, and efficiently. Their focus on revolutionizing cloud infrastructure for a sustainable future aligns with their slogan: "The most cost-efficient cloud data storage for performance-intensive workloads." The company's emphasis on performance, efficiency, and innovation is also echoed in their recruitment drive for exceptional software engineers to join their team in reimagining a faster, more secure, and reliable cloud platform. Overall, Lightbits Labs stands out as a promising player in the cloud storage and optimization space, backed by solid financial support and a clear vision for the future.

Taxonomy: CloudStorage, CloudOptimization, DataPlatform, MissionCriticalWorkloads, Performance, Reliability, CloudNativeApplications, HighPerformanceDatabases, TransactionWorkloads, CloudInfrastructure, SoftwareEngineers, CloudSecurity, DataStorage

Funding Rounds & Investors of Lightbits Labs (4)

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Funding Stage Amount No. Investors Investors Date
Venture Round $42.00M 5 JP Morgan, Richard Li 28 Jun 2022
Venture Round Unknown 1 29 Sep 2020
Series B $50.00M 4 Dell EMC, Micron Technology 27 Jul 2018
Series A $20.80M - 12 Apr 2017

Latest News of Lightbits Labs

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