# Princeton Lightwave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/princeton-lightwave

- Industry: Hardware
- Headquarters: US
- Website: www.princetonlightwave.com
- Total disclosed funding: $5M
- Latest round: Series A (Nov 29, 2005)
- Investors on record: 3

## About

Princeton Lightwave, Inc. is a technology company specializing in advanced solutions for the online casino and internet betting sectors, delivering robust software platforms that enhance operational efficiency for clients.Founded in 2000, Princeton Lightwave, Inc. focuses on creating technology solutions for the online gaming industry. The company has undergone pivotal changes, including its acquisition by Argo AI LLC in October 2017. The firm is based in the United States and has engaged in 2 notable funding deals, with the latest being a Series A round for USD 5.000 mn involving investors such as First Analysis, Morgenthaler Ventures, and US Venture Partners.Princeton Lightwave, Inc. specializes in providing advanced technology solutions primarily for the online casino sector and internet betting platforms. Their core offerings include a comprehensive online casino platform that utilizes Ruby programming for fast and flexible web development. This platform allows clients to efficiently manage casino content, enhancing user experience and operational efficiency. Targeted at both B2B clients and direct consumers, their solutions address industry challenges in content management and software scalability, catering to markets in Europe, North America, and Asia.The company generates revenue through partnerships with online casino operators utilizing its software solutions. Clients typically enter into subscription-based agreements or licensing arrangements that grant access to the casino platform and its services, often involving initial setup fees and recurring monthly payments. This structure enables Princeton Lightwave, Inc. to enhance clients' operational capabilities, allowing them to offer a diverse range of casino games to end-users while accommodating various business models through flexible pricing plans.Looking ahead, Princeton Lightwave, Inc. aims to expand its product offerings and market reach. The firm's recent funding of USD 5.000 mn from the Series A round will support the development of new products designed for enhanced gaming experiences. Additionally, the company plans to target new geographic markets, with a focus on expanding its presence in Europe and Asia by 2025, leveraging its innovative technology to meet evolving industry demands.

## Funding rounds

- Series A, Nov 29, 2005, $5M — First Analysis, Morgenthaler Ventures, US Venture Partners

## Investors

- First Analysis (https://capitalatlas.ai/funds/first-analysis) — Series A
- Morgenthaler Ventures (https://capitalatlas.ai/funds/morgenthaler-ventures) — Series A
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series A