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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Lightmatter, Inc., founded in Boston, specializes in computer hardware solutions designed specifically for artificial intelligence (AI) applications. The company's core mission is to revolutionize AI computing by leveraging photonics technology, which uses light for data processing and communication. Lightmatter offers a range of products, including Passage™, Envise™, and Idiom®, aimed at enhancing the efficiency and performance of AI computations. Their market focus is on clients in the United States who require cutting-edge AI hardware solutions.
Notable figures affiliated with Lightmatter include key investors who contributed to the company's recent $310 million funding round, which has elevated its valuation to $1.2 billion. This significant investment underscores the industry's confidence in Lightmatter's innovative approach to AI hardware. The company's achievements include pioneering the use of photonics in AI computing, positioning itself as a leader in this niche yet rapidly growing market. Lightmatter's impact is evident in its contribution to advancing AI technologies and setting new standards for computational efficiency.
Operating Status
Active
Ownership Type(s)
Venture Capital, Equity
Main Product(s)
Hardware
Technology
AI, Photonics
Tags
Ai Operations
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
United States
When was Lightmatter founded?
Lightmatter was founded in 2017.
Where is Lightmatter's headquarters located?
Lightmatter's headquarters is located in Boston, MA, US.
When was Lightmatter's last funding round?
Lightmatter's most recent funding round was for $155M (USD) in December 2023.
How many employees does Lightmatter have?
Lightmatter has 140 employees as of Feb 5, 2024.
How much has Lightmatter raised to-date?
As of July 05, 2023, Lightmatter has raised a total of $422M (USD) since Dec 19, 2023.
Add Comparison
Total Raised to Date
$422M
USD
Last Update Dec 19, 2023
Last Deal Details
$155M
USD
Dec 19, 2023
Series C
Total Employees Over Time
140
As of Feb 2024
Lightmatter Address
361 Newbury Street
Boston,
Massachusetts
02115
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts