Data platform start-up Lightbits Labs Ltd. fuels expansion with USD 42 million fundraising

Categories: Hi-Tech

Lightbits Labs Ltd., the data platform startup, has raised USD 42 million in new funding to fuel the growth of its Lightbits Cloud Data Platform, with the funds to be used for investments in innovation and expansion.

With this financing, the company has raised more than USD 100 million since its founding in 2016.

Meitar advised Lightbits Labs, with team led by Dorin Pendus, Shira Azran and Shir Tiran.