Lightbits - About the company
Lightbits is a series C company based in San Jose (United States), founded in 2016 by Avigdor Willenz, Sagi Grimberg, Muli Ben-Yehuda, Eran Kirzner, Ofir Efrati and George Agasandian. It operates as a Cloud and NVMe based SSD software provider. Lightbits has raised $100M in funding from investors like Intel Capital, Micron and Walden International. The company has 102 active competitors, including 33 funded and 17 that have exited. Its top competitors include companies like Nutanix, DataCore and Scality.
Company Details
Lightbits Labs is a cloud and NVMe based SSD software provider. It offers solutions such as NVMe SSDs, IOPS architecture, data striping, independent scaling, auto capacity scale, optimized IO applications, cluster management, failover handling, data control paths, data replications management, cliental transparency, and network infrastructure management. Clients include Data Storage Science, Fortune 500 SaaS cloud service provider, NVM Express, and Packet.
- Website
- www.lightbitslabs.com/
- Email ID
- *****@lightbitslabs.com
Key Metrics
Founded Year
2016
Location
San Jose, United States
Stage
Series C
Total Funding
$100M in 3 rounds
Latest Funding Round
Investors
Ranked
5th among 102 active competitors
Employee Count
89 as on Mar 31, 2026
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Lightbits's funding and investors
Lightbits has raised a total funding of $100M over 3 rounds. Its first funding round was on Mar 12, 2019. Its latest funding round was a Series C round on Jun 28, 2022 for $*****. 9 investors participated in its latest round. Lightbits has 16 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Lightbits:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 28, 2022 | 5797560 | Series C | 4167460 | 1416785 | 3241924 | 8506244 |
Oct 01, 2020 | 4030278 | Series B | 3248236 | 9188313 | 7131832 | 5189413 |
Mar 12, 2019 | 6048585 | Series B | 8873293 | 3864577 | 2023310 |
View details of Lightbits's funding rounds and investors
Lightbits' founders and board of directors
Founder? Claim ProfileThe founders of Lightbits are Avigdor Willenz, Sagi Grimberg, Muli Ben-Yehuda, Eran Kirzner, Ofir Efrati and George Agasandian. Eran Kirzner is the CEO of Lightbits.
Here are the details of Lightbits' key team members:
- Avigdor Willenz: Co-Founder & Chairman of Lightbits and founder of 2 other companies, Annapurna Labs and Banias Labs. They are also an angel investor in 2 startups.Contact Info: 2 email addresses
- Sagi Grimberg: Former Co-Founder of Lightbits. Contact Info: 1 email address
- Muli Ben-Yehuda: Co-Founder & Chief R&D Officer of Lightbits.
- Eran Kirzner: Co-Founder & CEO of Lightbits. Contact Info: 1 email address
- Ofir Efrati: Co-Founder of Lightbits. Contact Info: 1 email address
View details of Lightbits's Founder profiles and Board Members
Lightbits' employee count trend
Lightbits has 89 employees as of Mar 26. Here is Lightbits's employee count trend over the years:
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Lightbits's Competitors and alternates
Top competitors of Lightbits include Nutanix, DataCore and Scality. Here is the list of Top 10 competitors of Lightbits, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nutanix 2009, San Jose (United States), Public | AI powered cloud management software for enterprises | $317M | 75/100 | |
2nd | DataCore 1998, Fort Lauderdale (United States), Series D | Software defined storage and storage virtualization | $120M | 68/100 | |
3rd | Scality 2009, San Francisco (United States), Series E | Cloud based platform offering software defined storage solutions for enterprises | $149M | 65/100 | |
4th | VAST Data 2016, New York City (United States), Series F | Developer of an operating system unifying storage, database, and compute | $841M | 65/100 | |
5th | Lightbits 2016, San Jose (United States), Series C | Cloud and NVMe based SSD software provider | $100M | 64/100 | |
6th | StarWind Software 2008, Wakefield (United Kingdom), Acquired | Hyper converged infrastructure provider | $5.25M | 60/100 | |
7th | Scale Computing 2006, Indianapolis (United States), Acquired | Platform offering hyper converged infrastructure solutions | $215M | 58/100 | |
8th | Open source distributed and cloud based system storage solutions | $284M | 57/100 | ||
9th | InCountry 2019, San Francisco (United States), Series B | Provider of data residency as a service for applications and identity | $50M | 57/100 | |
10th | StorONE 2010, New York City (United States), Series A | Enterprise software defined storage management solution provider | $20M | 56/100 |
Looking for more details on Lightbits's competitors? Click here to see the top ones
Lightbits's Investments and acquisitions
Lightbits has made no investments or acquisitions yet.
Reports related to Lightbits
Here is the latest report on Lightbits's sector:
News related to Lightbits
Media has covered Lightbits for a total of 6 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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Lightbits Selected by Coredge to Power AI Cloud Services InfrastructureHpcwire•Mar 10, 2026•Coredge, Lightbits
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Lightbits Labs Named to Forbes’ List of America’s Best Startup EmployersBusiness Wire•Mar 04, 2026•Lightbits
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Lightbits & Arctera Demo Performance-Optimized Resilience for Red Hat OpenShiftAiThority•Nov 11, 2025•Arctera, Lightbits
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Elastx Selects Lightbits to Power Scalable, Secure, and Sustainable Cloud ServicesBusiness Wire•Nov 19, 2024•Lightbits, Elastx
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