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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.
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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
Ranked
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
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Lightbits' founders and board of directors

Founder? Claim Profile
The 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:

Lightbits' employee count trend

Lightbits has 89 employees as of Mar 26. Here is Lightbits's employee count trend over the years:
Employee count trend for Lightbits
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nutanix
Nutanix
2009, San Jose (United States), Public
AI powered cloud management software for enterprises
$317M
75/100
2nd
Logo for DataCore
DataCore
1998, Fort Lauderdale (United States), Series D
Software defined storage and storage virtualization
$120M
68/100
3rd
Logo for Scality
Scality
2009, San Francisco (United States), Series E
Cloud based platform offering software defined storage solutions for enterprises
$149M
65/100
4th
Logo for VAST Data
VAST Data
2016, New York City (United States), Series F
Developer of an operating system unifying storage, database, and compute
$841M
65/100
5th
Logo for Lightbits
Lightbits
2016, San Jose (United States), Series C
Cloud and NVMe based SSD software provider
$100M
64/100
6th
Logo for StarWind Software
StarWind Software
2008, Wakefield (United Kingdom), Acquired
Hyper converged infrastructure provider
$5.25M
60/100
7th
Logo for Scale Computing
Scale Computing
2006, Indianapolis (United States), Acquired
Platform offering hyper converged infrastructure solutions
$215M
58/100
8th
Logo for XSKY
XSKY
2015, Beijing (China), Series F
Open source distributed and cloud based system storage solutions
$284M
57/100
9th
Logo for InCountry
InCountry
2019, San Francisco (United States), Series B
Provider of data residency as a service for applications and identity
$50M
57/100
10th
Logo for StorONE
StorONE
2010, New York City (United States), Series A
Enterprise software defined storage management solution provider
$20M
56/100
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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

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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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