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Luminate Wireless

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Luminate Wireless is building the next generation distributed mobile network in the cloud

Cupertino, United StatesFounded 2013Hosting
Valuation $100–250M Last recorded · 2024
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Luminate Wireless and the history behind them.

About Luminate Wireless

Luminate Wireless, Inc. operated as a developer of a cloud-based, distributed mobile network system targeting enterprise customers. Founded in 2013 by Murari Srinivasan and Kevin Yu, the Cupertino-based company aimed to simplify mobile network access and service delivery. Both founders brought experience from Google, with Srinivasan also having been a software engineer for the SpiderCloud E-RAN solution. The firm's stated mission was to make adding capacity for mobile services as straightforward as Wi-Fi deployment by utilizing existing Ethernet and IP backhaul.

The company's core technology centered on an Infrastructure-as-a-Service (IaaS) platform. This platform featured the Luminate Mobile Cloud Controller, a distributed system that virtualized mobile network elements, and the Enterprise Access Point, a services-ready 4G LTE access point activated via the cloud for rapid deployment. The system was designed to move key management, control, and data-plane functions to a centralized virtualized entity, which could be implemented as a private or public cloud. This approach intended to provide consistent LTE coverage, simplify mobile network access, and enable new revenue opportunities for mobile operators by increasing network capacity. The business model focused on providing these flexible mobile networks with web-scale computing to enterprise clients.

Luminate Wireless secured significant financial backing from a consortium of prominent venture capital firms. Over two funding rounds, the company raised a total of $48 million. Its first known round was a Series A in November 2013, which raised $12.3M. A second round occurred in February 2016. The investor pool included Sequoia Capital, New Enterprise Associates (NEA), Google Ventures, Qualcomm Ventures, Northgate Capital, Hewlett Packard Pathfinder, and Correlation Ventures. In May 2016, the company underwent a leadership change, with co-founder Kevin Yu taking over the CEO role from Murari Srinivasan, who transitioned to an advisory position. The company is no longer active, having ceased operations around August 2019.

Source: Dealroom company data

At a glance

Status
Closed
Founded
2013
Headquarters
Cupertino, United States
Employees
5
Open positions
None listed
Dealroom signal
0.0/100
Industry
Hosting
Sector
Hosting
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Feb 2024 $36M $142M Qualcomm Ventures · GV · Sequoia · NEA —
SERIES AOther financing Jul 2015 $25M $98M Northgate Capital —
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Growth signals

Luminate Wireless team growth

Luminate Wireless's team grew 0% over the past year.

1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

8 investors on the cap table

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

Seed1 investor entered at this stage

Series A7 investors entered at this stage

Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 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
2 countries with
team presence
🇺🇸 United States50%
🇨🇳 China50%
2 countries shown

Market sentiment

Posts on X, past 7 days

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

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