Local Backhaul Networks
2024 Revenue
$3.2M
Funding
$0
YOY
28.6%
Team
39
Founded
2009
How Local Backhaul Networks CEO Raymond Chiu grew Local Backhaul Networks to $3.2M revenue with a 39 person team in 2024.
Developer of a SaaS-based SLA performance monitoring and network management software designed to manage and optimize networks. The company's SaaS-based SLA performance monitoring and network management software offers service providers a competitive advantage, which in turn drives business in the fast growing networking segments of mobile backhaul, enabling them to reduce implementation costs, minimize risk and start earning revenue for their network.
Last updated
Local Backhaul Networks Revenue
In 2024, Local Backhaul Networks's revenue reached $3.2M. The company previously reported $2.5M in 2023. Since its launch in 2009, Local Backhaul Networks has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Local Backhaul Networks Hit $3.2m revenue in October 2024 |
| 2023 | Local Backhaul Networks Hit $2.5m revenue in October 2023 |
| 2021 | Local Backhaul Networks Hit $1.7m revenue in April 2021 |
| 2009 | Launched with $0 revenue |
Local Backhaul Networks Valuation, Funding Rounds
Local Backhaul Networks is a bootstrapped Other Analytics Software startup. Founded in 2009, Local Backhaul Networks has grown to $3.2M in revenue without raising any venture capital or outside funding.
As a self-funded Other Analytics Software SaaS company, Local Backhaul Networks has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
Local Backhaul Networks Employees & Team Size
Local Backhaul Networks employs approximately 39 people as of 2026.
Local Backhaul Networks has 39 total employees in different roles and functions and 1 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 39 employees (October 2024) |
| 2023 | Reached 39 employees (October 2023) |
| 2022 | Reached 33 employees (October 2022) |
| 2021 | Reached 31 employees (December 2021) |
| 2021 | Reached 28 employees (April 2021) |
Founder / CEO
Raymond Chiu
Raymond Chiu is the CEO and Founding member of LB Networks and Chief Architect of OcularIP, an industry leading Software as a Service Performance Data Assurance Platform. OcularIP's offers "Digitalized Customer Experience Management as a Service" and "Compliance as a Service" solutions through it’s OcularIP Cloud Native & Web-Scale Platform. OcularIP has received many awards for its innovative architecture being selected by Customers worldwide for their Performance Data Assurance, Compliance & SLA Reporting, and Customer Experience Management Portal needs.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Local Backhaul Networks yet.
Frequently Asked Questions about Local Backhaul Networks
What is Local Backhaul Networks's revenue?
Local Backhaul Networks generates $3.2M in revenue.
Who founded Local Backhaul Networks?
Local Backhaul Networks was founded by Raymond Chiu.
Who is the CEO of Local Backhaul Networks?
The CEO of Local Backhaul Networks is Raymond Chiu.
How much funding does Local Backhaul Networks have?
Local Backhaul Networks raised $0.
How many employees does Local Backhaul Networks have?
Local Backhaul Networks has 39 employees.
Where is Local Backhaul Networks headquarters?
Local Backhaul Networks is headquartered in Chesterfield, Missouri, United States.
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Compare Local Backhaul Networks to the industry
Local Backhaul Networks operates across multiple industries. Browse revenue, funding, and growth data for Local Backhaul Networks in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .