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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
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.
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 | Source |
|---|
CEO
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.
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We do not have customer count information for Local Backhaul Networks yet.
Local Backhaul Networks employs approximately 39 people as of 2026, including 1 sales reps that carry a quota.
Local Backhaul Networks generates an estimated $3.2M in annual revenue.
Local Backhaul Networks was founded by Raymond Chiu.
The CEO of Local Backhaul Networks is Raymond Chiu.
Local Backhaul Networks is bootstrapped and has not raised outside funding.
Local Backhaul Networks has 39 employees.
Local Backhaul Networks is headquartered in Chesterfield, Missouri, United States.
Local Backhaul Networks operates across multiple industries. Browse revenue, funding, and growth data for Local Backhaul Networks in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$3.2M(Est.)
Funding
$0
Team
39
Founded
2009
| Year | Milestone | Source |
|---|---|---|
| 2024 | Local Backhaul Networks Hit $3.2m revenue in October 2024 | Estimated |
| 2023 | Local Backhaul Networks Hit $2.5m revenue in October 2023 | Estimated |
| 2021 | Local Backhaul Networks Hit $1.7m revenue in April 2021 | |
| 2009 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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