When was Princeton Lightwave founded?

Princeton Lightwave was founded in 2000 and raised its 1st funding round 9 years after it was founded.

Where is Princeton Lightwave located?

Princeton Lightwave is headquartered in Cranbury, United States.

Who is the current CEO of Princeton Lightwave?

Bryan Salesky of Princeton Lightwave. They have also founded 1 company.

How many employees does Princeton Lightwave have?

As of Mar 01, 2026, the latest employee count at Princeton Lightwave is 10 - 49.

Is Princeton Lightwave a funded company?

Princeton Lightwave is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 16, 2009.

When was the latest funding round of Princeton Lightwave?

Princeton Lightwave's latest funding was a $***** Grant (prize money) round on Sep 11, 2012, with participation from 1 investor.

Where does Princeton Lightwave rank among its competitors?

Princeton Lightwave ranks 89th amongst 432 active competitors, of which 73 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Prisma Photonics, which secured $30M in Oct, 2025.

Who are the top competitors of Princeton Lightwave?

Princeton Lightwave's top competitors include Ouster, Innoviz and Aeva. Among them, Prisma Photonics secured the most recent funding round in October, 2025.

Princeton Lightwave - 2026 Company Profile, Team, Funding & Competitors

Princeton Lightwave is an acquired company based in Cranbury (United States), founded in 2000. It operates as a Provider of LiDAR-based fibre optic sensors. Princeton Lightwave has raised an undisclosed amount in funding. The company has 432 active competitors, including 73 funded and 62 that have exited. Its top competitors include companies like Ouster, Innoviz and Aeva.

Company Details

Provider of LiDAR-based fibre optic sensors. It develops InP-based photodetectors, laser diodes and Geiger-mode 3D LIDAR cameras. It designs and manufactures high-performance single-photon avalanche Photodiodes (SPADs) for detecting short-wave infrared wavelengths ranging. The technology is at the core of Geiger-mode cameras which are used in LiDARs to enable high speed and resolution 3D imaging. The company provides various OEM modules, Geiger-mode cameras along components like SPADs.

Website: princetonlightwave.com
Email ID: *****@argo.ai
Part Of

Key Metrics

Founded Year

2000

Location

Cranbury, United States

Stage

Acquired

Latest Funding Round

Grant (prize money), Sep 11, 2012, $*****

Investors

USVP & 5 more

Ranked

89^th among 432 active competitors

Employee Count

10 - 49 as on Mar 01, 2026

Similar Companies

Ouster & 324 more

Exit Details

Acquired by Argo AI (Oct 27, 2017)

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Princeton Lightwave got acquired by Argo AI on Oct 27, 2017.

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Princeton Lightwave has raised funding over 2 rounds. Its first funding round was on Jun 16, 2009. Its latest funding round was a Grant (prize money) round on Sep 11, 2012 for $*****. 1 investor participated in its latest round. Princeton Lightwave has 6 institutional investors.

Here is the list of recent funding rounds of Princeton Lightwave:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 11, 2012	7507005	Grant (prize money)	4084836	7413187	4201279	1619828
Jun 16, 2009	5299620	Grant (prize money)	9148454	3830109	6288390	National Science Foundation

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View details of Princeton Lightwave's funding rounds and investors

Princeton Lightwave's employee count trend

Princeton Lightwave has 10 - 49 employees as of Mar 26. Here is Princeton Lightwave's employee count trend over the years:

Employee count trend for Princeton Lightwave

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Top competitors of Princeton Lightwave include Ouster, Innoviz and Aeva. Here is the list of Top 10 competitors of Princeton Lightwave, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ouster 2015, San Francisco (United States), Public	Manufacturer of lidar sensors, perception software, and solutions for autonomy	$140M	Runway Growth Capital, Tao Capital Partners ... & 12 others	76/100
2nd	Innoviz 2016, Rosh Haayin (Israel), Public	Developer of LiDAR sensors and perception software for autonomous vehicles	$252M	Magna, China Merchants Capital & 31 others	74/100
3rd	Aeva 2016, Mountain View (United States), Public	Provider of LiDAR-based sensors for autonomous vehicles	$560M	Canaan, Porsche Se & 5 others	71/100
4th	Luminar Technologies 2012, Orlando (United States), Acquired	Developer of LiDAR-based sensors for autonomous vehicles	$306M	Canvas Ventures, GVA Capital & 31 others	71/100
5th	Hesai Technology 2014, Shanghai (China), Public	Developer of LiDAR-based sensors for autonomous vehicles	$599M	Xiaomi, Baidu Ventures & 20 others	70/100
6th	PATEO 2009, Shanghai (China), Public	Saas & AI enabled infotainment solutions for connected vehicles	$639M	Suning Holdings Group, FAW Group Corporation ... & 12 others	69/100
7th	Quanergy Com 2012, Sunnyvale (United States), Public	Provider of AI-driven LiDAR sensing solutions	$160M	Motus Ventures, Rising Tide Fund & 30 others	66/100
8th	RoboSense 2014, Shenzhen (China), Public	Developer of perception solutions, LiDAR sensors, and robotic hand-eye coordination	$45M	SAIC Motor, Cainiao & 20 others	64/100
9th	ON Semiconductor 1999, Phoenix (United States), Public	Manufacturer of power management, sensing, and connectivity solutions for diverse markets	-	Benson Family Private Equity, Francisco Partners ... & 6 others	63/100
10th	Prisma Photonics 2017, Tel Aviv (Israel), Series D	Provider of optical fibre sensors for monitoring infrastructures	$80M	Insight Partners, The Israel Natural Gas Lines ... & 8 others	62/100
89th	Princeton Lightwave 2000, Cranbury (United States), Acquired	Provider of LiDAR-based fibre optic sensors	-	USVP, First Analysis & 4 others	36/100