# Lightbend

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lightbend

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.lightbend.com
- Total disclosed funding: $71M
- Latest round: Series D (Feb 18, 2020)
- Investors on record: 10

## About

Lightbend, Inc. specializes in software solutions that enhance the development and performance of modern applications, focusing on reactive and cloud-native technologies for scalable systems.Founded in 2011 and headquartered in San Francisco, US, Lightbend, Inc. provides tools for building reactive applications. The company was established by Jonas Bonér and Martin Odersky. Jonas Bonér also serves as the CEO. Lightbend has raised USD 6.86 mn in Series D funding as of October 21, 2021, bringing its total raised amount to USD 6.86 mn and current valuation to USD 17.64 mn. The company has completed 8 deals overall.Lightbend specializes in providing a range of software products designed to enhance the development and performance of modern applications. Their core offerings include the Lightbend Platform, which integrates tools for building reactive and cloud-native applications, enabling developers to create scalable and resilient systems. This platform addresses various end-use cases, such as supporting real-time data processing and enabling microservices architecture, which are critical for businesses in sectors like finance, telecommunications, and e-commerce. Lightbend's technologies are utilized by a diverse client base, including major enterprises that require robust solutions to manage complex application landscapes. The company markets its products primarily in North America, Europe, and Asia, catering to a global clientele that demands high-performance software solutions.Lightbend generates revenue primarily through a subscription-based model, allowing clients access to its suite of software tools and support services. Transactions typically occur through annual or multi-year contracts, wherein clients subscribe to the Lightbend Platform and receive ongoing updates and technical support. The company’s flagship products, including its Reactive Platform and Akka toolkit, are central to its revenue streams, with pricing structured to accommodate varying scales of enterprise needs. Clients range from small startups to large corporations, reflecting the versatility and adaptability of Lightbend’s offerings. The transactional structure emphasizes B2B relationships, fostering long-term partnerships that ensure continuous service and support for customers engaged in developing cutting-edge applications.In October 2021, Lightbend, Inc. raised USD 6.86 mn in Series D funding, which will be utilized to enhance product development and explore new market opportunities. The company plans to introduce new products aimed at optimizing software development processes and expanding its market presence in Europe and Asia by 2023.

## Funding rounds

- Series D, Feb 18, 2020, $19M — Bain Capital, Intel Capital, Shasta Ventures, Greylock Partners, IBM Ventures, Juniper Ventures, Blue Cloud Ventures, Dell Technologies Capital
- Series C, Jul 12, 2017, $15M — Bain Capital, Intel Capital, Shasta Ventures, Resilient Systems Inc., Juniper Ventures, Blue Cloud Ventures
- Series C, May 6, 2016, $20M — Bain Capital, Intel Capital, Shasta Ventures, Blue Cloud Ventures, Polytech Ventures
- Series B, Aug 22, 2012, $14M — Shasta Ventures, Greylock Partners, Juniper Ventures
- Series A, May 12, 2011, $3M — Greylock Partners

## Investors

- Greylock Partners (https://capitalatlas.ai/funds/greylock-partners) — Series A, Series B, Series D
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series B, Series C, Series D
- Juniper Ventures — Series B, Series C, Series D
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series C, Series D
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series C, Series D
- Blue Cloud Ventures (https://capitalatlas.ai/funds/blue-cloud-ventures) — Series C, Series D
- Polytech Ventures (https://capitalatlas.ai/funds/polytech-ventures) — Series C
- Resilient Systems Inc. — Series C
- IBM Ventures (https://capitalatlas.ai/funds/ibm-ventures) — Series D
- Dell Technologies Capital (https://capitalatlas.ai/funds/dell-technologies-capital) — Series D