Lumen Technologies

Lumen Technologies

About Lumen Technologies

Simplify's Rating
Why Lumen Technologies is rated
B
Rated B on Competitive Edge
Rated C on Growth Potential
Rated A on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

N/A

Company Stage

IPO

Headquarters

Monroe, Louisiana

Founded

1968

Overview

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Simplify's Take

What believers are saying

  • Lumen's AWS partnership could attract clients seeking advanced AI solutions.
  • Ciena's optical tech may increase Lumen's network efficiency and customer satisfaction.
  • Starcloud's funding suggests strong investor confidence in space-based data solutions.

What critics are saying

  • Emerging space-based data centers challenge Lumen's traditional data center model.
  • Salt Typhoon hacking campaign poses cybersecurity threats to Lumen's operations.
  • Rapid AI evolution may outpace Lumen's current infrastructure capabilities.

What makes Lumen Technologies unique

  • Lumen partners with AWS to enhance AI and machine learning capabilities.
  • Lumen's selection of Ciena's optical tech boosts network infrastructure for AI workloads.
  • Starcloud's space-based data centers offer innovative alternatives to traditional data centers.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

The Motley Fool
Mar 7th, 2025
Why Lumen Stock Is Surging Today

With Broadcom signaling that hyperscalers are continuing to invest heavily to build out AI data centers, Lumen could win new fiber network and support services deals.

GeekWire
Feb 26th, 2025
Lumen Orbit Changes Name To Starcloud And Raises Another $10M For Space Data Centers

GeekWire’s startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter , and check out the GeekWire funding tracker and venture capital directory .An artist’s conception shows data-center spacecraft being added to an orbital array. (Starcloud via YouTube)Redmond, Wash.-based Starcloud got its start just last year under a different name — Lumen Orbit — but the newly renamed company is already filling out its seed funding round with $10 million in fresh investment for space-based data centers.The new influx of capital comes after December’s announcement that the startup brought in $11 million from investors including NFX, Y Combinator (or YC, for short), FUSE, Soma Capital and scout funds from Andreessen Horowitz and Sequoia. Starcloud graduated from Y Combinator’s summer cohort last year.The additional funding comes from previous seed investors and several new venture capital firms in the form of a simplified agreement for future equity, or SAFE. If you add up the $11 million and the $10 million, “it can be thought of as a $21M seed, which is one of the highest-ever seed rounds for a company coming out of YC,” Philip Johnston, Starcloud’s CEO and one of its founders, told GeekWire in an email.Johnston said Starcloud doesn’t intend to identify the new investors until a Series A funding round takes place.Starcloud’s big idea is to place a network of megawatt-scale computer servers in Earth orbit, powered by grids of solar panels that could stretch as much as 2.5 miles (4 kilometers) in width.Such space-based facilities would offer alternatives to terrestrial data centers that are taking up increasing amounts of territory, gobbling up increasing amounts of electrical power, and stirring up increasing levels of controversy.Space-based data centers could play a key role in processing the massive amounts of imagery and other data provided by Earth observation satellites. Doing the computational heavy lifting in space would reduce the bandwidth requirements for Earth-to-ground data transmission.Starcloud emerged from stealth a little less than a year ago when it announced a $2.4 million pre-seed investment round

Stock Titan
Feb 25th, 2025
Lumen Selects Ciena Optical Tech to Support AI Workloads

Lumen Technologies (NYSE:LUMN) has selected Ciena (NYSE:CIEN) as its preferred optical vendor to enhance its network infrastructure for AI workloads.

Security Brief
Feb 24th, 2025
Versa launches Sovereign SASE, offering full control

T-Mobile US introduced T-Mobile SASE with T-SIM Secure, while Tata Communications and Lumen have rolled out their Sovereign SASE offerings.

Homeland Security Today
Jan 10th, 2025
Allen Ashbey Becomes Vice President of Federal Civlian Sales at Lumen Technologies

Allen Ashbey has been appointed Vice President of Federal Civilian Sales at Lumen Technologies, where he will lead efforts to deliver advanced technology solutions that enhance mission outcomes for federal civilian agencies.

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