Albeo Technologies, a Boulder, CO-based provider of solid-state LED lighting solutions for industrial and commercial markets, has raised $8m in Series C equity and debt financing.
The equity investment was led by Braemar Energy Ventures, with participation from existing investor Green Spark Ventures.
+ provided a working capital financing line.
The company intends to use the funding to increase both the breadth of its LED lighting portfolio and depth of its channel presence.
Led by CEO Jeff Bisberg, Albeo is a LED Lighting manufacturer for industrial and commercial buildings, such as cold storage, data centers, retail, schools and commercial buildings. It provides customers with high bay and low bay solutions, linear, surface mount and under cabinet fixtures, among others.
FinSMEs
20/03/2012