LightEdge Solutions, Inc.
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LightEdge Solutions, Inc. - overview
Established
1996
Location
Des Moines, IA, US
Primary Industry
IT Infrastructure
About
LightEdge Solutions, Inc. is a US-based provider of strategic hybrid infrastructure solutions, specializing in secure colocation and private cloud services integrated with major hyperscale platforms, helping various industries optimize their IT workloads. Founded in 1996 and headquartered in Des Moines, US, LightEdge Solutions focuses on delivering managed infrastructure solutions. The company has undergone strategic pivots to enhance its service offerings.
In September 2021, GI Partners acquired a controlling stake from Anschutz Investment Company. The firm has raised a total of USD 16. 00 mn, with the latest funding round being an unspecified amount raised in 2021. The founders include Aileen Barrett, Andrew Hurrell, among others, with Aileen Barrett currently serving as CEO.
LightEdge specializes in providing strategic hybrid infrastructure solutions that encompass secure colocation, high-performance private cloud services, and seamless integration with major hyperscale cloud platforms such as AWS and Azure. Their offerings are designed to address the complex needs of various industries, including finance, healthcare, retail, and manufacturing, by ensuring that businesses can optimize their workloads across on-premises, private cloud, and hyperscale environments. These solutions facilitate enhanced security, compliance, and operational efficiency while aligning IT strategies with overarching business goals. LightEdge's products serve a diverse client base, including over 1,000 companies worldwide, primarily focused on North America and select international regions such as Europe and Asia-Pacific.
LightEdge operates on a revenue model centered on B2B transactions, engaging clients in partnerships for managed services and infrastructure solutions. The company offers various service plans tailored to individual client needs, including managed services for cloud operations and compliance within frameworks like HIPAA and PCI. Clients subscribe to these services based on their specific workloads and requirements, allowing for a customized approach to cloud management and infrastructure support. Prominent offerings such as the IBM i cloud solution and comprehensive disaster recovery services are pivotal in driving the company’s revenue, further supported by ongoing contracts and service agreements with businesses seeking reliable and scalable cloud solutions.
As part of its future growth strategy, LightEdge Solutions plans to accelerate its development following the acquisition by GI Partners, which will enhance their capacity to expand operations. The specifics of new product launches and geographic expansions have not been publicly detailed, but the company intends to evolve its service offerings in response to market demands. The recent funding will support these initiatives, facilitating a broader reach into new markets and enhancing existing services to meet client needs.
Current Investors
GI Partners
Primary Industry
IT Infrastructure
Sub Industries
Data Centers, IT Infrastructure, IT Security/Cybersecurity
Website
www.lightedge.com
Verticals
Big Data
Company Stage
Mature
Total Amount Raised
Subscriber access only
LightEdge Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Announced | Connectria, LLC | - | ||||||||
| Add-on | Completed | Cavern Technologies, Inc. | - | ||||||||
| Secondary Buyout | Completed | LightEdge Solutions, Inc. | - | ||||||||
| Trade Sale | Completed | Onramp Access, LLC | - |
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