FundedIQ
Data and Analytics

FirstLight: Funding, Investors & Team (Sep 2026)

FirstLight provides a comprehensive range of cutting-edge telecommunications services, such as dedicated Internet access, Ethernet, data center solutions, dark fiber, and various voice services like SIP trunks, virtual PBX, and traditional TDM solutions. Our customers range from national cellular providers and CLECs to leading enterprises in industries like high tech manufacturing, research, healthcare, banking and finance, education, and local and state governments. FirstLight is a company owned by Riverside Partners, a private equity firm based in Boston.

www.firstlight.net LinkedIn Albany, United States 251-500 employees
Database Internet Telecommunications Transportation Wireless B2B
Total raised
$120M
Rounds
2
Latest
Undisclosed round
Oct 2024

FirstLight has raised $120M across 2 funding rounds on record, the most recent an undisclosed round of $120M announced in Oct 2024.

That round is above the $5.2M median round size for Data and Analytics companies tracked on FundedIQ over the last two years.

FirstLight Company Profile and Key Stats

Total funding raised
$120M
across 2 rounds on record
Funding rounds on record
2
1 with no disclosed amount
Latest funding round
Undisclosed round
$120M in Oct 2024
Employees
251-500
reported band
Headquarters
Albany, United States

Latest funding round on record: Oct 2024.

FirstLight Funding Rounds

Date
Round
Amount
Undisclosed round
$120M
Undisclosed round
Undisclosed

1 of 2 rounds was announced without a disclosed amount and is excluded from the total.

FirstLight announced an undisclosed round in Dec 2023; the amount was not disclosed.

10 months later, an undisclosed round of $120M was announced in Oct 2024.

FirstLight Founders and Leadership Team

Name
Role
Contact
Karl Murphy
Founder

No contact details are on record for this team yet.

FirstLight Funding Compared to Other Data and Analytics Startups

Segment
Companies
Median round
29,722
$7.5M

FirstLight's latest round of $120M is above the median round in Data and Analytics. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like FirstLight in Data and Analytics and Albany

Companies Similar to FirstLight

CivilGrid is a platform that uses various types of data related to utilities, environment, and geotechnics to…

Series A $26.0M

Wavelogix creates a platform for monitoring and testing infrastructure using IoT sensors and data analytics.…

Undisclosed round $430k

Centralize is a tech company that uses tools and input from stakeholders to assess interactions at different…

Series A $15.0M

Abstract Security has created a revolutionary platform, equipped with an AI-powered assistant, to better…

Series A $25.0M

Venus Aerospace is a start-up company pushing the boundaries of high speed transportation.

Series B $91.0M

Masuda Group LLC is a direct-source audience supplier providing first-party respondent ecosystems for global…

Pre-Seed $10k

Cirata is a vendor that provides collaboration software for the software development industry.

Undisclosed round $6.7M

Commercialising an X-ray technique developed within Lawrence Livermore, in conjunction with the SLAC National…

Undisclosed round $50.0M

Quaise is an energy company that is developing and commercializing novel millimeter-wave drilling systems to…

Series B $134M

Allium gives on-chain information foundation items going from oversaw blockchain data sets to continuous…

Series B $40.0M

ALT Sports Data offers a wide range of solutions for modeling sports betting markets and provides a platform…

Undisclosed round $5.0M

Engram is an artificial intelligence startup building a persistent "learned memory layer" designed to help…

Seed $98.0M

FirstLight Funding FAQs

What does FirstLight do?

FirstLight provides a comprehensive range of cutting-edge telecommunications services, such as dedicated Internet access, Ethernet, data center solutions, dark fiber, and various voice services like SIP trunks, virtual PBX, and traditional TDM solutions. Our customers range from national cellular providers and CLECs to leading enterprises in industries like high tech manufacturing, research, healthcare, banking and finance, education, and local and state governments. FirstLight is a company owned by Riverside Partners, a private equity firm based in Boston.

How much funding has FirstLight raised?

FirstLight has raised $120M across 2 rounds on record. The most recent is an undisclosed round of $120M announced in Oct 2024.

When did FirstLight last raise funding?

FirstLight's most recent funding round on record is an undisclosed round of $120M, announced in Oct 2024.

Who founded FirstLight?

FundedIQ lists Karl Murphy (Founder) at FirstLight.

Where is FirstLight headquartered?

FirstLight is based in Albany, New York, United States.

How many employees does FirstLight have?

FirstLight is in the 251-500 employee band.

How does FirstLight's funding compare to other Data and Analytics startups?

FirstLight's latest round of $120M is above the $5.2M median round size for Data and Analytics companies on FundedIQ across 1,842 tracked companies over the last two years.

About FundedIQ's FirstLight Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for FirstLight is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.