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Lumexis

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Lumexis - The Future of IFE

Irvine, United StatesFounded 2003
Valuation $50–100M Last recorded · 2009
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Lumexis and the history behind them.

About Lumexis

Lumexis Corporation, established in 2003 and based in Irvine, California, operated in the in-flight entertainment (IFE) hardware and technology sector. The company was co-founded by Doug Cline, Rich Salter, and Greg Petrisor. The founders brought extensive experience from the aviation electronics industry; Cline had a long career in developing and manufacturing aviation electronics, Salter co-founded Airshow Inc., and Petrisor was the architect of the company's core technology. Lumexis focused on providing advanced, lightweight IFE systems to commercial airlines.

The company's primary business was the development, manufacturing, and marketing of its proprietary in-flight entertainment systems, targeting airlines as its main clientele. A key product was the Fiber-to-the-Screen® (FTTS®) system, which utilized a fiber-optic network to deliver high-bandwidth audio-visual on-demand (AVOD) content to seatback screens. This system was significantly lighter than traditional copper-wired solutions, offering airlines fuel savings and lower operational costs. The FTTS system was also designed to be "future-proof," allowing for easier upgrades without needing to rewire the aircraft. Another offering was the iPAX™, a wireless seat-back system designed as a low-cost solution for single-aisle aircraft, providing HD entertainment and ancillary revenue opportunities through onboard retail.

A notable achievement for Lumexis was the first test flight of its FTTS system on a US Airways Airbus A320 in 2009, marking the first time a fiber-optic network delivered IFE to seatback screens. The system gained traction with customers like flydubai, Lion Group, and Caribbean Airlines. However, the company faced significant challenges in a market dominated by larger players like Panasonic and Thales. In June 2016, Lumexis announced it was suspending most of its business operations and terminating the majority of its personnel due to liquidity constraints, subsequently seeking an acquirer for its assets.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2003
Headquarters
Irvine, United States
Employees
56
Open positions
None listed
Dealroom signal
65.7/100
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Nov 2009 $15M $60M Zone Ventures · Perseus · PAR Capital Management —
SERIES B✓Equity / VC Aug 2006 $0 — Monitor Ventures · Zone Ventures —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Growth signals

Lumexis website traffic

Latest recorded traffic for Lumexis is 0 monthly website visits, down 100% over the last three months. Lumexis's team grew 3.7% over the past year.

Latest monthly visits0 3-month web change-100% 1-year team growth+3.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

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

Series A2 investors entered at this stage

  • Monitor Ventures
  • Zone Ventures

Series B and later2 investors entered at this stage

  • Perseus
  • PAR Capital Management
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
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
7 countries with
team presence
🇺🇸 United States35.7%
🇷🇺 Russia21.4%
🇮🇳 India14.3%
🇨🇳 China7.1%
🇲🇦 Morocco7.1%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Lumexis 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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