TiBit Communications Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 22

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $250M

TiBit Communications General Information

Description

Manufacturer of pluggable devices intended to virtualize the access network. The company's devices are small, low-power, and low-cost which allow high-performance ethernet switching systems to replace traditional access equipment, enabling businesses to lower costs and simplify the network architecture easily.

Contact Information

Website
www.tibitcom.com
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 1465 North McDowell Boulevard
  • Suite 150
  • Petaluma, CA 94954
  • United States
+1 (707)
Primary Industry
Connectivity Products
Other Industries
Wireless Service Providers
Parent Company
Ciena
Vertical(s)
CloudTech & DevOps
Corporate Office
  • 1465 North McDowell Boulevard
  • Suite 150
  • Petaluma, CA 94954
  • United States
+1 (707)

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

TiBit Communications Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 30-Dec-2022 $250M Completed Generating Revenue
4. Later Stage VC (Series C) 23-Jun-2022 Completed Generating Revenue
3. Later Stage VC (Series B) 22-Aug-2019 Completed Generating Revenue
2. Early Stage VC 01-Mar-2018 $4.21M $18M Completed Generating Revenue
1. Early Stage VC (Series A) 14-Oct-2016 $13.8M $13.8M Completed Generating Revenue
To view TiBit Communications’s complete valuation and funding history, request access »

TiBit Communications Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A2
Series A1 1,242,237 $0.000100 8% $1.61 $1.61 1x $1.61 2.38%
Series A 11,020,465 $0.000100 8% $1.46 $1.46 1x $1.46 21.07%
To view TiBit Communications’s complete cap table history, request access »

TiBit Communications Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Manufacturer of pluggable devices intended to virtualize the access network. The company's devices are small, low-power,
Connectivity Products
Petaluma, CA
22 As of 2023

Wuhan, China

Germantown, MD
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

TiBit Communications Competitors (2)

One of TiBit Communications’s 2 competitors is Naddod, a Venture Capital-Backed company based in Wuhan, China.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Naddod Venture Capital-Backed Wuhan, China
Hughes Network Systems Formerly PE-Backed Germantown, MD
You’re viewing 2 of 2 competitors. Get the full list »

TiBit Communications Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

TiBit Communications Former Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds
AJU IB Investment Venture Capital Minority
Angel (individual) Minority
Intel Capital Corporate Venture Capital Minority
Angel (individual) Minority
Juniper Ventures Corporate Venture Capital Minority
You’re viewing 5 of 8 investors. Get the full list »

Ready to get started?

Request a free trial

TiBit Communications FAQs

  • When was TiBit Communications founded?

    TiBit Communications was founded in 2014.

  • Where is TiBit Communications headquartered?

    TiBit Communications is headquartered in Petaluma, CA.

  • What is the size of TiBit Communications?

    TiBit Communications has 22 total employees.

  • What industry is TiBit Communications in?

    TiBit Communications’s primary industry is Connectivity Products.

  • Is TiBit Communications a private or public company?

    TiBit Communications is a Private company.

  • What is the current valuation of TiBit Communications?

    The current valuation of TiBit Communications is .

  • What is TiBit Communications’s current revenue?

    The current revenue for TiBit Communications is .

  • How much funding has TiBit Communications raised over time?

    TiBit Communications has raised $73M.

  • Who are TiBit Communications’s investors?

    AJU IB Investment, , Intel Capital, , and Juniper Ventures are 5 of 8 investors who have invested in TiBit Communications.

  • Who are TiBit Communications’s competitors?

    Naddod and Hughes Network Systems are competitors of TiBit Communications.

  • When was TiBit Communications acquired?

    TiBit Communications was acquired on 30-Dec-2022.

  • Who acquired TiBit Communications?

    TiBit Communications was acquired by Ciena.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »