Tech Company Financing Transactions

Lightyear Funding Round

Altos Ventures, Amplo and Ridge Ventures invested in a $31 million Series B capital raise for Lightyear. The round was announced on 11/20/2024.

Transaction Overview

Company Name
Announced On
11/20/2024
Transaction Type
Venture Equity
Amount
$31,000,000
Round
Series B
Proceeds Purpose
The company intends to use the funds for product innovation within its Telecom Operating System platform, adding features within its three core product lines (Procurement, Network Inventory Management, Bill Consolidation) and development of new products across network monitoring, AI, bulk site procurement and more.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
90 State St. 700
Albany, NY 12207
USA
Phone
Undisclosed
Email Address
Overview
Buying internet, UCaaS, or SD-WAN? Don't waste time calling providers. We'll find the best providers and pricing for your IT infrastructure needs in a snap. For free. Really.
Profile
Lightyear LinkedIn Company Profile
Social Media
Lightyear Company Twitter Account
Company News
Lightyear News
Facebook
Lightyear on Facebook
YouTube
Lightyear on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dennis Thankachan
  Dennis Thankachan LinkedIn Profile  Dennis Thankachan Twitter Account  Dennis Thankachan News  Dennis Thankachan on Facebook
Chief Technical Officer
Arjo van der Ham
  Arjo van der Ham LinkedIn Profile  Arjo van der Ham Twitter Account  Arjo van der Ham News  Arjo van der Ham on Facebook
VP - Product Management
Suhith Shivani
  Suhith Shivani LinkedIn Profile  Suhith Shivani Twitter Account  Suhith Shivani News  Suhith Shivani on Facebook
VP - Sales
Robert Rodier
  Robert Rodier LinkedIn Profile  Robert Rodier Twitter Account  Robert Rodier News  Robert Rodier on Facebook


 

 

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Prev: 11/20/2024: Zitadel venture capital transaction
Next: 11/20/2024: Revv venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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