Tech Company Financing Transactions

Tibit Communications Funding Round

Tibit Communications secured a $30 million Series C financing round on 6/23/2022. Investors included Liberty Global, Ciena and Intel Capital.

Transaction Overview

Announced On
Transaction Type
Venture Equity
Series C

Liberty Global (Lead Investor) (Colin Buechner)


Intel Capital (David Flanagan)

Juniper Networks

Solasta Ventures

Swisscom (Pär Lange)

Proceeds Purpose
The investment will be used immediately to accelerate Tibit's 25G ASIC program, which will build upon its successful 10G ASIC and MicroPlug™ OLT product line. 25GS-PON will be the next big step in PON access speeds for enterprise, multi-gig residential services and 5G wireless connectivity.

Company Information

Company Status
Private & Independent
Mailing Address
1 Willowbrook Ct. 150
Petaluma, CA 94954
Email Address
Tibit Communications, Inc. is developing next-generation pluggable devices designed to virtualize the access network using industry leading Ethernet switching equipment. Network operators can create a new on ramp to the internet managed virtually from the cloud to the user.
Tibit Communications LinkedIn Company Profile
Social Media
Tibit Communications Company Twitter Account
Company News
Tibit Communications News
Tibit Communications on Facebook
Tibit Communications on YouTube

Management Team

Email & Social
Chief Executive Officer
Richard Stanfield
  Richard Stanfield LinkedIn Profile  Richard Stanfield Twitter Account  Richard Stanfield News  Richard Stanfield on Facebook
Chief Financial Officer
Bruce Warren
  Bruce Warren LinkedIn Profile  Bruce Warren Twitter Account  Bruce Warren News  Bruce Warren on Facebook
Chief Technical Officer
Edward Boyd
  Edward Boyd LinkedIn Profile  Edward Boyd Twitter Account  Edward Boyd News  Edward Boyd on Facebook
VP - Engineering
Paul Gray
  Paul Gray LinkedIn Profile  Paul Gray Twitter Account  Paul Gray News  Paul Gray on Facebook
VP - Engineering
Jerry Wojtowicz
  Jerry Wojtowicz LinkedIn Profile  Jerry Wojtowicz Twitter Account  Jerry Wojtowicz News  Jerry Wojtowicz on Facebook
VP - Operations
Norman Foust
  Norman Foust LinkedIn Profile  Norman Foust Twitter Account  Norman Foust News  Norman Foust on Facebook
VP - Sales
Jay Teborek
  Jay Teborek LinkedIn Profile  Jay Teborek Twitter Account  Jay Teborek News  Jay Teborek on Facebook



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