COMPANY PROFILE

LightBits Labs

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Innovative solutions for significant cloud infrastructure challenges

San Jose, United StatesFounded 2015Other B2B Software

Valuation $100–250M Last recorded · 2019

Revenue $10–50M Latest reported FY

Headcount <100 Current team size

Total funding $50–100M Disclosed equity funding

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About LightBits Labs

LightBits Labs, founded in 2016, is a software-defined storage company that has carved out a significant space in the data center and cloud infrastructure market. The company was established by a team of experienced entrepreneurs including Avigdor Willenz, Eran Kirzner, Kam Eshghi, Muli Ben-Yehuda, Ofir Efrati, and Fabian Trumper. Avigdor Willenz, serving as Chairman, is a distinguished serial tech entrepreneur with a history of major exits, including the $2.7 billion sale of Galileo Technologies to Marvell and the $370 million sale of Annapurna Labs to Amazon. His extensive background in the semiconductor and tech industries provides a deep well of experience in building ventures from the ground up. Co-founder and CEO Eran Kirzner brings his own entrepreneurial success, having co-founded Cloud Sherpas which was acquired by Accenture. This collective leadership experience underpins the company's strategic direction.

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The core of LightBits Labs' business is its software-defined storage platform, designed to provide high-performance, disaggregated block storage for any cloud environment—be it private, public, or at the edge. The company's business model is centered on selling its software, LightOS, which enables organizations to modernize their data center infrastructure. Clients are typically enterprise private clouds, SaaS and IaaS providers, Fortune 500 financial institutions, and large e-commerce platforms that require scalable, cost-efficient, and low-latency storage solutions. By decoupling compute and storage resources, LightBits allows for more flexible and efficient scaling of infrastructure.

The company's flagship offering is built upon the NVMe/TCP (Non-Volatile Memory Express over Transmission Control Protocol) standard, a protocol that LightBits was instrumental in inventing and standardizing. This technology allows data to be accessed over standard Ethernet networks with performance comparable to local flash storage, but without the need for specialized, costly hardware like Fibre Channel or RDMA. The platform delivers services such as inline compression, thin provisioning, and high availability, integrating with modern orchestration tools like Kubernetes, OpenStack, and VMware. This approach addresses common data center issues like storage underutilization and high costs, providing a solution for performance-sensitive workloads including real-time analytics, transactional databases, and AI/ML applications.

Source: Dealroom company data