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Lightning Labs

FreedomGrowth

The fastest, most scalable Bitcoin payment network

🌐 lightning.engineeringLinkedInX / Twitter📍 CAEst. 2016👥 51-200 employees
0Rounds
10Articles
General InformationLightning Labs builds the Lightning Network, a Bitcoin layer-2 protocol enabling fast payments and smart contracts, based in California with approximately 50-200 employees, founded in 2016.
Funding & FinancialsThe company has raised approximately $70-80 million across multiple rounds including Series B funding, with investors including Maker Foundation, Square Crypto, and prominent crypto-focused funds.
Leadership & TeamFounded by Elizabeth Stark as CEO, with notable co-founders and executives including Olaoluwa Osuntokun and others who are core Lightning Network protocol developers.
Recent ActivityLightning Labs has maintained active development on LND, continued expanding institutional adoption through partnerships with major exchanges and payment processors, and contributed to Bitcoin scaling solutions through protocol improvements.

Highlights

Total Raised
Latest Round
Stage
Growth
freedom-tech
Employees
51-200
Founded 2016
Headquarters
CA
News Coverage
10 articles
Last: 1mo ago
Talent Signals
SEC Filings

News Coverage 10

Freedom1mo ago

LND v0.21 Forces Lightning Wallet Developers to Rewrite Payment Code

Lightning Labs released LND v0.21.0-beta.rc1, a major version that removes four legacy RPC endpoints and completes a SQL database migration — breaking any wallet still using deprecated payment APIs.

Freedom1mo ago

Bitcoin's Emergency Brake Could Lock You Out—Until Now

Olaoluwa Osuntokun shipped a working prototype quantum-resistant wallet rescue tool on April 8, solving a critical gap in Bitcoin's emergency defense plan that could otherwise strand 1.7 million BTC in users' own wallets.

Freedom1mo ago

Core Lightning v26.04 RC2 Ships Message Padding, Closes Privacy Gap

Core Lightning v26.04 RC2 (April 2, 2026) adds peer message padding to resist traffic analysis — the first Lightning implementation to ship uniform-length padding by default — plus user-facing splice commands and 20% smaller binaries.

Freedom1mo ago

Core Lightning v26.04 RC2: Splicing Graduates to Production

Core Lightning v26.04 RC2 promotes splicing from experimental to stable user-facing commands, enabling channel resizing without downtime. This moves Lightning toward true 'one-balance' wallets and cuts transaction costs in half.

Freedom2mo ago

Bitcoin Core v31.0rc2 Tagged as P2P Privacy Fix Targets Final Release

Bitcoin Core v31.0rc2 was tagged on March 25, 2026, with a final release targeting early April — and an OpenSats grant is driving a live fingerprinting-attack mitigation into the same codebase.

Freedom2mo ago

Core Lightning v26.04rc1 Ships splicein, spliceout, and BIP-39 Recovery

Core Lightning v26.04rc1, tagged March 26 2026, delivers purpose-built splice commands and BIP-39 seed phrases — closing the operational gaps that have kept self-sovereign Lightning node operation cumbersome.

Freedom2mo ago

BIP446 and BIP448 Enter Draft Status, Targeting LN-Symmetry

BIP446 (OP_TEMPLATEHASH) and BIP448 (Taproot-native Re-bindable Transactions), co-authored by Greg Sanders, Antoine Poinsot, and Steven Roose, formally entered Draft BIP status via GitHub PR #1974, the first complete Taproot-native covenant bundle to reach the official Bitcoin standards track.

Freedom2mo ago

LND Merges Onion Message Forwarding, Closing BOLT12 Gap with Core Lightning

Lightning Labs merged onion message forwarding into LND via PR #10089, the prerequisite capability for BOLT12 offers support and a direct challenge to Core Lightning's year-long lead on the protocol.

Freedom2mo ago

Core Lightning v26.04rc1 Debuts splicein and spliceout Commands

Core Lightning v26.04rc1, tagged March 26 2026, introduces high-level splicein and spliceout commands that abstract years of low-level splicing complexity into operator-ready RPC calls, marking a structural maturation of Lightning channel management.

Freedom2mo ago

BIP446 and BIP448 Draft BIPs Target LN-Symmetry via OP_TEMPLATEHASH

Bitcoin's BIP repository merged BIP446 and BIP448 as Draft BIPs, introducing OP_TEMPLATEHASH and a Taproot-native covenant bundle that could replace Lightning's penalty-based channel model with LN-Symmetry.

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