Local Backhaul Networks
2024 Revenue
$3.2M(Est.)
Team
39
Founded
2009
Local Backhaul Networks Revenue (2024)
Local Backhaul Networks generated an estimated $3.2M in annual revenue in 2024. Source: GetLatka estimate
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 | 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 | Not recorded |
| 2009 | Launched with $0 revenue |
Founder / CEO
Raymond Chiu
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.
Local Backhaul Networks Employees & Team Size
Local Backhaul Networks employs approximately 39 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 39 employees (October 2024) | Not recorded |
| 2023 | Reached 39 employees (October 2023) | Not recorded |
| 2022 | Reached 33 employees (October 2022) | Not recorded |
| 2021 | Reached 31 employees (December 2021) | Not recorded |
| 2021 | Reached 28 employees (April 2021) | Not recorded |
Frequently Asked Questions about Local Backhaul Networks
What is Local Backhaul Networks's revenue?
As of 2024, Local Backhaul Networks generated an estimated $3.2M in annual revenue.
Who founded Local Backhaul Networks?
Local Backhaul Networks was founded by Raymond Chiu.
When was Local Backhaul Networks founded?
Local Backhaul Networks was founded in 2009.
Who is the CEO of Local Backhaul Networks?
The CEO of Local Backhaul Networks is Raymond Chiu.
How many employees does Local Backhaul Networks have?
As of 2024, Local Backhaul Networks had 39 employees.
Where is Local Backhaul Networks headquartered?
Local Backhaul Networks is headquartered in Chesterfield, Missouri, United States.
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.
Data and Sources
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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