Digital Lumens, a Boston, MA-based provider of intelligent LED lighting solutions, raised $23m in funding.
Backers included new investors Nokia Growth Partners, Aster Capital, and Goldman Sachs, and current investors Flybridge Capital Partners, Black Coral Capital, and Stata Ventures.
The company intends to use the funds to scale operations, expand product development, and increase sales and marketing efforts.
Led by Tom Pincince, President and CEO, Digital Lumens develops a cloud-based enterprise-scale LED lighting solution that leverages the Internet of Things to bring building and energy intelligence to large commercial and industrial customers worldwide.
It currently covers more than 100 million square feet of space across 35 countries.
FinSMEs
30/10/2014