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Lumen Technologies delivers secure networking, edge cloud, and AI-ready infrastructure, leveraging its extensive global fiber network. The company offers advanced connectivity solutions designed to link people, data, and applications for enterprises across various sectors. Its technical approach prioritizes high-performance, secure digital foundations critical for modern business operations.
The company's roots trace back to 1930 with the establishment of the Oak Ridge Telephone Company in Oak Ridge, Louisiana, by F. E. Hogan Sr. His initial insight was to provide essential telephone services to rural communities. This vision of connecting underserved areas propelled its evolution, including its prominent tenure as CenturyLink before rebranding to Lumen.
Lumen serves a diverse global client base of businesses requiring robust and reliable communication services for their operations. The company's vision is to ignite business growth by connecting people, data, and applications swiftly, securely, and effortlessly. It aims to empower organizations with resilient infrastructure needed to thrive in an increasingly complex digital economy.
Lumen has raised $73.5M across 3 funding rounds.
Key people at Lumen.
Lumen was founded in 1946 by Dror Ceder (Founder & CPMO) and F. E. Hogan (Founder) and Clarke Williams (Founder).
Lumen has raised $73.5M in total across 3 funding rounds.
Lumen Technologies is a global telecommunications company that provides networking, edge cloud, security, collaboration, voice, and managed services through its extensive fiber optic and copper networks, data centers, and cloud infrastructure.[2][4][5] It serves large enterprises, mid-market businesses, public sector agencies, wholesale partners, and residential customers via brands like Quantum Fiber, focusing on igniting business growth by connecting people, data, and applications quickly, securely, and effortlessly—while "cloudifying" telecom through digitized, consumption-based services.[1][2][3][6] With 2024 revenue of $14.56 billion, 28,000 employees, 3.7 million Quantum Fiber locations, 170,000 on-net fiber buildings, and 350,000 global fiber route miles, Lumen targets enterprise segments like large enterprise ($4.6B revenue), public sector ($1.8B), and mid-market ($2.0B), emphasizing customer-centric innovation amid industry transformation.[1][2][7]
Lumen Technologies, headquartered in Monroe, Louisiana, traces its roots to CenturyLink, Inc., which rebranded to Lumen in 2020 to signal a shift from traditional telecom to a technology-driven provider.[5] This evolution built on CenturyLink's legacy in local and long-distance voice, broadband, and managed services, expanding into fiber optics, cloud, security, and edge computing.[5][7] Key pivots include forming the "Lumen Digital" team in 2023 to cloudify its physical network and launching specialized units like Black Lotus Labs for cyberthreat intelligence.[2][7] Under CEO Kate Johnson, the company has emphasized cultural transformation via its "Lumen 8 behaviors" (teamwork, trust, transparency, clarity, courage, customer obsession, growth mindset, respect), earning recognition as one of Fortune’s Most Innovative Companies for 2025.[3][4]
Lumen rides the wave of digital transformation, AI-driven data explosion, and edge computing demands, where businesses require secure, low-latency connectivity for cloud, IoT, and hybrid work.[2][5][7] Its timing aligns with telecom's shift from legacy analog to "cloudified," consumption-based models, addressing market forces like rising cybersecurity threats and fiber demand amid 5G/edge proliferation.[1][2] By serving 3.7 million fiber locations and public sector needs, Lumen influences the ecosystem through infrastructure that enables enterprise innovation, strengthens the U.S. digital backbone (S&P 600 member since 2023), and disrupts traditional telecom via analytics, edge services, and partnerships.[2][5][7]
Lumen is pivoting aggressively toward growth in enterprise and public sectors, with momentum from customer additions, balance sheet strengthening, and innovations like edge cloud and cybersecurity.[2] Trends like AI workloads, quantum-safe networking, and sustained fiber expansion will shape its path, potentially driving sustainable revenue growth as it outpaces market averages.[1][2] Its influence may evolve from connectivity provider to essential digital enabler, fueling business innovation through secure, effortless tech—echoing its mission to ignite growth in a hyper-connected world.[3][6]
Lumen was founded in 1946 by Dror Ceder (Founder & CPMO) and F. E. Hogan (Founder) and Clarke Williams (Founder).
Lumen has raised $73.5M in total across 3 funding rounds.
Lumen's investors include Pitango Venture Capital, Almeda Capital, Disruptive VC, Hanwha, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures, Andrey Andreev, Esplanade HealthTech Ventures, Avishai Abrahami, Gigi Levy Weiss, Oren Zeev.
Lumen has raised $73.5M across 3 funding rounds. Most recently, it raised $62.0M Series B in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2022 | $62M Series B | Pitango Venture Capital | Almeda Capital, Disruptive VC, Hanwha Group, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures | Announced |
| Sep 10, 2018 | $4.5M Seed | — | Andrey Andreev | Announced |
| Aug 1, 2018 | $7M Series A | — | Esplanade Healthtech Ventures, Avishai Abrahami, Gigi Levy Weiss, Oren Zeev, SIR Ronnie Cohen, Disruptive VC, RED Swan Ventures, Resolute Ventures, Riverpark Funds | Announced |
Key people at Lumen.
