Local Backhaul Networks revenue hit $2.5M in 2024

Local Backhaul Networks generates revenue from customers

Local Backhaul Networks

Chesterfield, Missouri, United States

About Company RevenueTeamFounder/CEOCEO Net Worth

How Local Backhaul Networks hit $2.5M revenue with a 39 person team in 2023.

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.

Founded

2009

Founded

Revenue

$2.5M

2023 Revenue

YOY

25.6%

YOY

Funding

$150K

Funding

Local Backhaul Networks Revenue

In 2023, Local Backhaul Networks revenue run rate hit $2.5M in revenue.

  • 2023

    Local Backhaul Networks hit $2.5M in revenue in 2023

  • 2021

    Local Backhaul Networks hit $1.7M in revenue in 2021

  • 2009

    Local Backhaul Networks launched in 2009 with $0 revenue

Local Backhaul Networks Funding History


No funding has been reported for Local Backhaul Networks yet.

Team

Local Backhaul Networks has 39 total employees and 1 sales reps that carry a quota. an engineering team of 6 and a marketing team of 1.

DISTRIBUTION QTY
Total team size 39
Engineer 6 (15%)
Sales 1 (3%)
Marketing 1 (3%)

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

  • What's your age?

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  • Advice for 20 year old self

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Customers

Churn

Local Backhaul Networks Executives

Name Position Working Email Personal Email
Raymond Chiu CEO [email protected] -

Local Backhaul Networks Employees

Name Position Working Email Personal Email
Raymond Chiu CEO [email protected] -

Frequently Asked Questions about Local Backhaul Networks

  • When was Local Backhaul Networks founded?

    Local Backhaul Networks was founded in 2009.

  • How much revenue does Local Backhaul Networks generate?

    Local Backhaul Networks generates $2.5M in revenue.

  • 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 $150K.

  • 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 at Chesterfield, Missouri, United States

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