Tibit Communications
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $13.8m | Series A | |
N/A | $2.3m | Early VC | |
$20.0m | Series B | ||
* | $30.0m | Series C | |
* | N/A | Acquisition | |
Total Funding | AUD102m |
Related Content
Recent News about Tibit Communications
EditTibit Communications, Inc. specializes in developing next-generation pluggable devices that virtualize access networks using industry-leading Ethernet switching equipment. The company's core product, the Tibit MicroPlug OLT, enables Fiber to the X (FTTx) Passive Optical Network (PON) fiber access from Ethernet switches, routers, or any device with an Ethernet port. Tibit's technology allows network operators to manage internet access virtually from the cloud, transforming traditional central offices into data centers. This approach helps broadband access service providers meet the increasing demands for higher bandwidth, lower costs, and more features in shorter timeframes. Tibit's business model revolves around selling these innovative MicroPlug devices and accompanying software solutions to Telco, Multiple System Operators (MSOs), and enterprise networks. The company generates revenue through the sale of its hardware and software solutions, which enable Network Functions Virtualization (NFV) and Software Defined Networking (SDN). By providing low-cost, low-power, and high-performance modules, Tibit helps service providers transition to a more open and flexible network framework.
Keywords: Pluggable devices, Ethernet switching, FTTx PON, cloud management, NFV, SDN, broadband access, MicroPlug OLT, Telco, MSO.