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Light.co

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Develops Light L16 Camera which combines advanced optics with powerful software

Palo Alto, United StatesFounded 2013Other B2B Software
Valuation $100–500M Latest valuation · 2018
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
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About Light.co

Founded in 2013 by Dave Grannan and Rajiv Laroia, Light.co initially entered the market as a digital photography company aiming to embed multi-lens camera systems into smartphones. The company's first major product was the L16, a standalone camera featuring 16 individual camera modules. Announced in October 2015, the L16 was designed to capture high-resolution images by computationally fusing photos from its multiple lenses, which had varying focal lengths. This approach allowed for features like significant optical zoom in a compact form and the ability to adjust the depth of field after a picture was taken.

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The L16 camera began shipping to initial customers in July 2017. It produced images up to 52 megapixels by combining shots from at least 10 of its lenses for each photo. The device operated on an Android-based platform and required proprietary software, Lumen, to process the multiple images and unlock its full capabilities. While praised for its high resolution and portability, the L16 also faced criticism for its processing workflow, autofocus speed, and performance in low-light conditions. The company raised significant capital to support its development, securing a total of $186 million over four funding rounds, including a $121 million Series D in July 2018 led by the SoftBank Vision Fund. Other notable investors included GV (formerly Google Ventures), Bessemer Venture Partners, and Leica Camera AG.

In 2020, Light.co pivoted its business strategy, shifting its focus from consumer cameras to developing advanced perception systems for the automotive industry. The new direction leveraged its core multi-camera technology to create depth-sensing and perception platforms for vehicles, aiming to provide them with vision capabilities superior to human sight. The company's business model transitioned to supplying this technology to automotive original equipment manufacturers (OEMs) and Tier 1 suppliers. In May 2022, agricultural equipment manufacturer John Deere acquired parts of Light's assets and hired some of its former staff, signaling another evolution in the company's journey.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Palo Alto, United States
Employees
137
Open positions
None listed
Dealroom signal
69.0/100
Industry
Enterprise Software, Consumer Electronics
Sector
Other B2B Software, Consumer Electronics, Lead Generation, Optical Technology, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing, SaaS
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Light.co.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES DOther financing Jul 2018 $121M $484M SoftBank · SoftBank Vision Fund
SERIES COther financing Jul 2016 $30M $120M GV
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Growth signals

Light.co website traffic

Latest recorded traffic for Light.co is 450 monthly website visits, down 89.5% over the last three months. Light.co's team declined 0.7% over the past year.

Latest monthly visits450 3-month web change-89.5% 1-year team growth-0.7%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A10 investors entered at this stage

Series B and later3 investors entered at this stage

Team profiled 22 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇨🇳 China25%
🇮🇳 India25%
🇺🇸 United States25%
🇹🇼 Taiwan18.8%
🇬🇭 Ghana6.3%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Light.co on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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