# Luxul

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

- Industry: Telecoms
- Headquarters: Draper, US
- Website: www.luxul.com
- Total disclosed funding: $0.6M
- Latest round: Series C (Oct 25, 2006)
- Investors on record: 1

## About

Luxul Corp. is a provider specializing in wireless networking products, focusing on advanced routers and accessories to enhance IP networking solutions for various sectors.Founded in 2000, Luxul Corp. operates from Draper, US, offering innovative networking solutions. The company has undergone strategic growth and was acquired by Legrand in April 2016. It has completed three deals, with its most recent round of funding being a Venture Debt round amounting to USD 1.50 mn, raising a total of USD 0.60 mn to date.Luxul provides a range of wireless networking products, including managed Power over Ethernet (PoE+) switches and Wi-Fi 6 enabled access points. These products are designed to enhance connectivity and performance for both residential and commercial applications, while simplifying network design and installation, particularly for integrators and installers in the US, Canada, Europe, and parts of Asia.The company generates revenue primarily through B2B transactions via authorized dealers and distributors. Luxul's products, including SW Managed PoE+ switches and AX3600 access points, are competitively priced to accommodate various business demands, with a focus on tailored solutions that foster client engagement and loyalty.Looking ahead, Luxul aims to expand its product line, although specific upcoming products have not been detailed. The company plans to continue its expansion into new geographic regions, targeting increased market presence by the end of the year. Proceeds from the latest funding round will be utilized to support these initiatives, enhancing their operational capability and market reach.

## Funding rounds

- Series C, Oct 25, 2006, $0.6M — Canopy Ventures

## Investors

- Canopy Ventures (https://capitalatlas.ai/funds/canopy-ventures) — Series C