FundedIQ
Hardware

Tibit Communications: Funding, Investors & Team (Oct 2026)

TiBiT Communications offers a disruptive technology that will fundamentally change the way broadband access is deployed in the Service Provider markets worldwide (Cable MSO, Telco and Wireless). They make small, low powered solutions that can be easily placed anywhere in the network to enable multi-Gigabit connectivity for low end cost effective switching equipment in a Software Defined Network.

tibitcom.com LinkedIn Petaluma, United States 11-50 employees
Total raised
$60.0M
Rounds
2
Latest
Series C
Jun 2022

Tibit Communications has raised $60.0M across 2 funding rounds on record, the most recent a Series C of $30.0M announced in Jun 2022.

That round is above the $10M median round size for Hardware companies tracked on FundedIQ over the last two years.

Tibit Communications Company Profile and Key Stats

Total funding raised
$60.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series C
$30.0M in Jun 2022
Employees
11-50
reported band
Headquarters
Petaluma, United States

Latest funding round on record: Jun 2022.

Tibit Communications Funding Rounds

Date
Round
Amount
Series C
$30.0M
Undisclosed round
$30.0M

Tibit Communications raised $30.0M in an undisclosed round announced in Feb 2022.

4 months later, a Series C of $30.0M was announced in Jun 2022.

Tibit Communications Founders and Leadership Team

Name
Role
Contact
Jerry Wojtowicz
Founder
Locked
Richard Stanfield
CEO
Locked

Contact details for the Tibit Communications team: 2 of 2 have an email address on file.

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Tibit Communications Funding Compared to Other Hardware Startups

Segment
Companies
Median round
1,454
$10M
30,234
$7.6M
1,869
$60M

Tibit Communications' latest round of $30.0M is above the median round in Hardware. Medians cover the last 24 months of disclosed rounds.

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Tibit Communications Funding FAQs

What does Tibit Communications do?

TiBiT Communications offers a disruptive technology that will fundamentally change the way broadband access is deployed in the Service Provider markets worldwide (Cable MSO, Telco and Wireless). They make small, low powered solutions that can be easily placed anywhere in the network to enable multi-Gigabit connectivity for low end cost effective switching equipment in a Software Defined Network.

How much funding has Tibit Communications raised?

Tibit Communications has raised $60.0M across 2 rounds on record. The most recent is a Series C of $30.0M announced in Jun 2022.

When did Tibit Communications last raise funding?

Tibit Communications' most recent funding round on record is a Series C of $30.0M, announced in Jun 2022.

Who founded Tibit Communications?

FundedIQ lists Jerry Wojtowicz (Founder) at Tibit Communications.

Who is the CEO of Tibit Communications?

Richard Stanfield is listed as CEO at Tibit Communications.

Where is Tibit Communications headquartered?

Tibit Communications is based in Petaluma, California, United States.

How many employees does Tibit Communications have?

Tibit Communications is in the 11-50 employee band.

How does Tibit Communications' funding compare to other Hardware startups?

Tibit Communications' latest round of $30.0M is above the $10M median round size for Hardware companies on FundedIQ across 1,454 tracked companies over the last two years.

About FundedIQ's Tibit Communications 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 Tibit Communications is left off this page rather than filled in.

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