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Lightyear raised $31M in a Series B funding round led by Altos Ventures to enhance its AI powered telecom operating software platform.

PRIVATENov 20, 2024

Amount Raised

$31 Million

Round Type

Series B

Softwareinformation technology & services

Investors

Zigg CapitalRidge VenturesAmploSusa VenturesAltos Ventures

Description

Lightyear, a NYC-based provider of enterprise telecom management software, raised $31M in Series B funding. The funds will be used for product innovation within its Telecom Operating System platform, adding features across its core product lines and developing new products.

Quick answer

Lightyear raised $31 Million in a Series B round, dated November 20, 2024. Investors: Zigg Capital, Ridge Ventures, Amplo, Susa Ventures and Altos Ventures.

How much did Lightyear raise?
Lightyear raised $31 Million in a Series B round on November 20, 2024.
Who invested in Lightyear?
Zigg Capital, Ridge Ventures, Amplo, Susa Ventures and Altos Ventures are named as investors in this round.
What does Lightyear do?
Lightyear's software powers the enterprise telecom lifecycle from procurement through renewal.
Where is Lightyear based and how big is it?
Fundz records about 57 employees.
Who are the decision-makers at Lightyear?
Fundz holds 3 contacts at Lightyear, including the Head of Strategic Partnerships. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in information technology & services and Software around the same time

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

  • Kamiwaza raised $8.5M on December 23, 2024.
  • Databricks raised an undisclosed amount on December 17, 2024.
  • BILT raised $21M (Series B) on December 16, 2024.
  • Crusoe raised $600 (Series D) on December 16, 2024.
  • Maisa raised $5M (Pre-Seed) on December 13, 2024.
  • LambdaTest raised $38M (Funding Round) on December 10, 2024.

Who to call at Lightyear, and when

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

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

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Company Information

Company

Lightyear

About

Lightyear's software powers the enterprise telecom lifecycle from procurement through renewal. Configure internet, voice, WAN, and data center services online, receive validated best-price quotes, and have implementations managed with renewals and ticketing handled behind a single pane of glass. Carrier neutral, transparent, and fast.

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

Related People

3 contacts
Verified contactsKenny G., Head of Strategic Partnerships hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Lightyear's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Lightyear 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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