Fundz

LightBeam.ai announced that it has raised $17.8M in an oversubscribed Series A funding round

PRIVATEFeb 02, 2024

Amount Raised

$17.8 Million

Round Type

Series A

San JoseSoftware Development

Investors

Village Global8VCDropbox VenturesVertex Ventures US

Description

LightBeam.ai announced that it has raised $17.8M in an oversubscribed Series A funding round. The new infusion of capital will enable LightBeam to expand its go-to-market initiatives across sales, marketing, channels, and alliances, and to continue investing in its vision of converging data security, privacy, and AI governance into a single platform.

Quick answer

LightBeam.ai raised $17.8 Million in a Series A round, dated February 2, 2024. Investors: Village Global, 8VC, Dropbox Ventures and Vertex Ventures US. LightBeam.ai is based in San Jose, California, United States.

How much did LightBeam.ai raise?
LightBeam.ai raised $17.8 Million in a Series A round on February 2, 2024.
Who invested in LightBeam.ai?
Village Global, 8VC, Dropbox Ventures and Vertex Ventures US are named as investors in this round.
What does LightBeam.ai do?
LightBeam.ai, the zero trust data protection pioneer, converges and simplifies data security, privacy, and AI governance,, so businesses can accelerate their growth in new markets with speed and confidence.
Where is LightBeam.ai based and how big is it?
LightBeam.ai is based in San Jose, California, United States. Fundz records about 73 employees.
Who are the decision-makers at LightBeam.ai?
Fundz holds 1 contact at LightBeam.ai. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software Development around the same time

Companies in the same sectors as LightBeam.ai that raised within 45 days of this round, from Fundz verified event records.

  • Kevel raised $23M (Series C) on March 7, 2024.
  • Synadia Communications raised $25M (Series B) on February 28, 2024.
  • Pimberly raised $5.1M (Funding Round) on February 26, 2024.
  • Serverpod raised $1.8M (Seed) on February 23, 2024.
  • EigenLabs raised $100M (Series B) on February 23, 2024.
  • Xergy raised $3.9M (Series A) on February 23, 2024.

Who to call at LightBeam.ai, and when

A new round usually means LightBeam.ai is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day LightBeam.ai raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at LightBeam.ai, from your own LinkedIn network

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Company Information

Company

LightBeam.ai

Location

San Jose, California, United States

About

LightBeam.ai, the zero trust data protection pioneer, converges and simplifies data security, privacy, and AI governance,, so businesses can accelerate their growth in new markets with speed and confidence. Leveraging generative AI as a foundational technology, LightBeam ties together sensitive data cataloging, control, and compliance across structured, unstructured, and semi-structured data applications providing 360-visibility, risk remediation, and compliance with PCI, GLBA, GDPR, HIPAA among other regulations. Continuous monitoring with full data residency ensures ultimate zero-trust data protection. LightBeam is on a mission to create a secure privacy-first world.

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Fundz sees it the moment LightBeam.ai raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

LightBeam.ai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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