Tibit Communications
Latest round
- Series C
Last raised
- Jan 2022
Total raised
- $55M
Investors
- 7
About Tibit Communications
Tibit Communications, Inc.Founded in 2014 and headquartered in Petaluma, US, Tibit Communications, Inc. specializes in high-speed optical networking solutions. The company was recently acquired by Ciena Corporation in November 2022 as part of a strategic initiative to expand its product offerings.Tibit Communications, Inc. provides a range of advanced networking products including the Tibit MicroPlug OLT and MicroPlug ONU/ONT, which support scalable passive optical networking (PON) functions. Their solutions are designed for service providers and enterprises, enabling efficient bandwidth management and network automation.Tibit Communications, Inc. generates revenue through direct sales of its hardware and software solutions, alongside service agreements that include installation and support. Their transactional model allows clients, particularly CSPs, to adopt a pay-as-you-grow subscription framework, facilitating network upgrades without high upfront costs.00 mn, Tibit Communications plans to leverage these resources for the development of new products aimed at expanding their optical networking capabilities. The company is focused on entering new markets, particularly targeting regions in Europe and Asia-Pacific by 2025. The strategic acquisition by Ciena Corporation is expected to bolster these growth plans, enhancing their product suite and market reach.
Who invested in Tibit Communications
7 investors across 2 rounds
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Questions about Tibit Communications
Who invested in Tibit Communications?
Tibit Communications has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tibit Communications raised?
Tibit Communications has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Tibit Communications last raise money?
Tibit Communications's most recent round on record is a Series C, in Jan 2022.
What does Tibit Communications do?
Tibit Communications is a hardware company.
Where is Tibit Communications headquartered?
Tibit Communications is headquartered in Petaluma, US.
Which VCs invest in companies like Tibit Communications?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Tibit Communications's stage. Their profiles are linked below.
VCs backing hardware startups at Series C
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