Tech Company Financing Transactions
Lightbits Labs Funding Round
Lightbits Labs secured a $42 million funding round on 6/28/2022. Investors included Atreides Management LP, Dell Technologies Capital and Intel Capital.
Transaction Overview
Company Name
Announced On
6/28/2022
Transaction Type
Venture Equity
Amount
$42,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company plans to use the new funding to enrich its technology and to prepare for it for a soft launch with public cloud providers, Kirzner said. It also plans to invest in expanding its marketing and sales activities.
Company Information
Company Status
Private & Independent
Industry
Storage
Mailing Address
1830 The Alameda
San Jose, CA 95126
USA
San Jose, CA 95126
USA
Phone
Undisclosed
Website
Email Address
Overview
Lightbits makes high-performance elastic block storage simple, scalable, and cost-efficient for any cloud. We help our customers scale their business effortlessly, accelerate IT operations, and reduce costs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Avigdor Willenz
Chief Executive Officer
Eran Kirzner
Chief Financial Officer
Miki Avni
Chief Scientific Officer
Muli Ben-Yehuda
Chief Technical Officer
Sagi Grimberg
Co-Founder
George Agasandian
VP - Marketing
Carol Platz
VP - R & D
Gil Sasson
VP - Sales
Rick Gouveia
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