Tibit Communications

About

TiBiT Communications offers a disruptive technology that will fundamentally change the way broadband access.

Petaluma,California,United States
1 - 10
http://tibitcom.com/

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $30M
Industries: Information Technology,Software,Telecommunications
Founded date: Jan 1, 2014
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: TiBiT Communications, Inc.

TiBiT Communications offers a disruptive technology that will fundamentally change the way broadband access is deployed in the Service Provider markets worldwide (Cable MSO, Telco and Wireless). They make small, low powered solutions that can be easily placed anywhere in the network to enable multi-Gigabit connectivity for low end cost effective switching equipment in a Software Defined Network.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$84.94M

Tibit Communications has raised a total of $84.94M in funding over 2 rounds. Their latest funding was raised on Jun 23, 2022 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 23, 2022	Series C	$30M	6	—	—	Detail
Apr 1, 2019	Series B	$25M	3	Intel Capital	—	Detail
Mar 23, 2018	Series Unknown	$2.30M	—	—	—	Detail
Jan 31, 2017	Series A	$13.80M	—	—	—	Detail
Oct 14, 2016	Series Unknown	$13.84M	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

7

Tibit Communications is funded by 7 investors. Juniper Networks and Ciena are the most recent investors.

Investor Name	Lead Investor	Funding Round
Juniper Networks	—	Series C
Ciena	—	Series C
Intel Capital	—	Series C
Liberty Global	—	Series C
Solasta Ventures	—	Series C
Swisscom Ventures	—	Series C
Aju IB Investment	—	Series B