How Much Did LMi Raise?
Funding & Key Investors

LMi, a local technology firm based in Berkeley, California, has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth within the competitive internet service and IT solutions market.

What is LMi?

LMi
TelecommunicationsInternet Service Providers, Website Hosting & Internet-related ServicesBusiness Services

For over two decades, LMi.net has been a cornerstone of the Berkeley tech landscape, providing high-speed gigabit fiber optic internet and a comprehensive suite of IT services. The company serves a diverse clientele, ranging from residential customers to commercial enterprises across sectors like architecture, real estate, and non-profits. LMi.net's offerings extend to web hosting, server colocation, and managed IT support, all delivered with a commitment to transparency and personalized customer engagement. Their community-oriented approach emphasizes honesty, robust security, and environmental sustainability, differentiating them as a trusted local provider.

How much funding has LMi raised?

LMi has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for LMi?

The substantial capital infusion, particularly the recent strategic investment, positions LMi for accelerated expansion and enhanced service delivery. As a company with a long-standing history and a focus on advanced fiber optic technology, this financing is likely to fuel infrastructure upgrades, service area expansion, and the development of new IT solutions. LMi's trajectory suggests a continued focus on strengthening its market position as a leading local provider of essential digital connectivity and support services, leveraging its deep community ties and technical expertise.

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Frequently Asked Questions Regarding LMi Financial Insights

What are the most recent funding rounds that LMi has completed, and what were the funding rounds?
LMi has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding LMi has raised to date?
LMi has raised a total of $150K in funding to date.
How many funding rounds has LMi completed?
LMi has completed 1 funding rounds.
How much funding did LMi raise in its most recent funding round?
LMi raised $150K in its most recent funding round.
Who are the lead investors in LMi's latest funding round?
The lead investor in LMi's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in LMi's history?
The largest funding round in LMi's history was $150K.
See more information about LMi