Light Stock
Advanced Imaging Technology
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About Light Stock
Light Labs ("Light") is best known for its camera technology and shooters. The company first introduced the $1,950 L16 camera back in 2015, which then began shipping in 2017. The camera combines multiple lenses and sensors that work in tandem every time a picture is taken, channeling light through ten or more of its apertures at a time. After the L16’s software fuses the multiple perspectives together, the result is a single 52 megapixel photo with high detail and clarity. In July 2018, the company raised over $120M in funding from the SoftBank Vision Fund, after which Light attracted much attention for other potential applications of its technology, particularly the possibility of replacing lidar technology in self-driving cars.
While Light's only current stand-alone product is the L16 camera (which the company says is sold out as of July 2019), it sells its imaging capabilities to other industries. At the moment, Light's solution offering includes applications of its technology in smartphones, stand-alone cameras, security cameras, automobiles, drones and robotics and manufacturing. Potential clients are able to submit project requirements to Light via their website.
Light was founded in 2013 by Rajiv Laroia and Dave Grannan and is based in Palo Alto, CA.
Source: Light; Crunchbase
Investors
Bessemer Venture Partners
Swiggy, PharmEasy, BigBasket, Pinterest, Snapdeal, Sila Nanotechnologies, ServiceTitan, Toast, Hinge Health, Box
CRV
DoorDash, Airtable, Bird, Fair, Cybereason, Twitter, Niantic, ClassPass, Recursion Pharmaceuticals, Freenome
Eclipse
Cerebras Systems, Skyryse, Light, Owlet Baby Care, Kindred AI
FIH Mobile
GV
Uber, Robinhood, Jet, Impossible Foods, Lacework, Slack, Snyk, SambaNova Systems, DocuSign, Gusto
Leica
StepStone Group
Funding History
February 2014 | $10.2M |
---|---|
June 2015 | $25.3M |
June 2016 | $30.9M |
July 2018 | $127M |
Management
Co-Founder & CEO
Dave Grannan
Co-Founder & CTO
Dr. Rajiv Laroia
CFO
Tom Barone
SVP Engineering & Product Management
Prashant Velagaleti
VP & GM - Taiwan
Frank Wu
Head of Product
Aric Marshall
SVP IP Licensing
Chris Barnett
Press
TechCrunch - Jun, 15 2022
Adobe Lightroom adds video supportTechCrunch - Sep, 20 2018
Lunewave is pitching a new sensor offering better vision for autonomous vehiclesForbes - Jul, 18 2018
Alternative To Lidar? Startup Light Raises $121M From SoftBank, Leica To Expand To Self-Driving CarsTechCrunch - Dec, 15 2016
Photojournalists demand encryption, Light is giving it to themTechCrunch - Dec, 8 2016
Light’s multi-lens L16 camera gets wider aperture but longer delayImaging Resource - Apr, 27 2015
Say goodbye? Full-frame DSLRs gone by 2025 claims Dr. Rajiv Laroia, imaging startup LightDaily Dot - Apr, 23 2015
Your smartphone camera could be a 52-megapixel beast by next yearExtreme Tech - Apr, 23 2015
Light: Startup believes it can fit a DSLR into your phone, at a price | ExtremeTechSpotlight - Apr, 21 2015
Light partners with FoxconnImaging Resources - Apr, 18 2015
Startup Light “reimagines photography” - Will phones finally compete with cameras for image quality?Technology Review - Apr, 17 2015
The Plan to Squeeze a High-End Camera into Your Smartphone | MIT Technology ReviewEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase