Enlighted Inc. Raises $20 Million in Series C Financing and Hits Another Major Milestone: 10 Million Square Feet Under

Enlighted Inc. Raises $20 Million in Series C Financing and Hits Another Major 
Milestone: 10 Million Square Feet Under Management 
Enlighted's Sensor Technology and Data Analytics Reduces Lighting
Power Consumption by 50 to 75 Percent 
SUNNYVALE, CA -- (Marketwired) -- 04/18/13 --  Enlighted Inc., a
leader in solutions for improving the performance and value of
commercial buildings and real estate, has raised $20 million in
Series C financing. New investor RockPort Capital led the round and
was joined by new investor DFJ JAIC. Existing investors Kleiner
Perkins Caufield & Byers, Draper Fisher Jurvetson, and Intel Capital
also participated in the round. 
Enlighted is also proud to announce that its intelligent sensor
technology and software are being employed to reduce power
consumption for more than 10 million square feet of commercial real
estate, double the size of the installed footprint just five months
ago. LinkedIn, Bank of New York, Google, Turner Broadcasting, JDSU,
the City of San Jose, Hewlett-Packard and several Fortune 1000
companies have reduced lighting energy costs by 50 to 75 percent in
buildings outfitted with Enlighted's system. In all, Enlighted has
saved more than 15 gigawatt hours of electricity since it began
installing its technology into commercial buildings less than two
years ago. 
"Managing buildings better remains one of the largest opportunities
in technology. Commercial property owners want to increase their net
operating income by lowering operating costs as well as get the most
out of their floor space," said Victor Westerlind, a general partner
at RockPort Capital. "Enlighted leverages sensor and IT technologies
to achieve those goals. Just as important, it eliminates the cost and
complexity of installing and managing these systems, which have been
barriers to adoption." 
Enlighted combines leading-edge sensor technology, Big Data
analytics, and advanced controls to precisely manage office
buildings, public spaces, industrial sites and other real estate. The
heart of the company's technology is Enlighted Sensor, an
unobtrusive, intelligent device that attaches to new or existing LED,
fluorescent, CFL or HID light fixtures. Enlighted Sensors monitor
light levels, temperature, occupancy and power consumption for the
100 square feet of floor space directly beneath each of them and then
control these environmental parameters to save energy, reduce glare
or harvest sunlight. Employees or building managers can quickly
personalize spaces for comfort and energy savings with a few mouse
clicks. 
Enlighted's Energy Manager, meanwhile, analyzes data from Sensor to
track consumption, check conference room availability, visualize
occupancy and other tasks. Some Enlighted customers, for instance,
are using Enlighted's system to redesign work areas and optimize
floor space.  
Notable case studies include Interface Global, which reduced lighting
power in a 35,000 office/warehouse in Acworth, Georgia by 70 percent,
achieving a return on investment of 18 months. Tarlton Properties has
integrated Enlighted into the 500,000 square feet, 15-building Menlo
Business Park to save more than $400,000 per year in lighting and
heating/air conditioning energy.  
Enlighted's technology can be deployed with LED lighting for a
combined reduction in lighting energy of over 80 percent or added to
existing fluorescent fixtures, which still comprise 85% of U.S.
commercial office buildings, so customers can reduce energy without
an electrical retrofit. Increasingly, Enlighted expects to see its
technology compliment LEDs in office buildings as well as
manufacturing facilities and clean rooms where the combined
technologies will have a substantial impact on both lighting and air
handling.  
"We are extremely gratified by this support and encouragement from
our investors and customers," said Tushar Dave, CEO and co-founder of
Enlighted. "Lighting consumes approximately 19 percent of the
electricity around the world and demand for electric lighting is
anticipated to increase by 80 percent by 2030. Yet a substantial
portion is used inefficiently. Our technology will help building
owners, utilities and others get a handle on this hidden problem." 
About Enlighted, Inc.
 Enlighted develops technologies for improving
the performance and efficiency of buildings and real estate. Based on
the premise that building should work for people and not the other
way around, the company has created leading-edge sensors, analytics,
building controls and software interfaces that reduce energy costs,
increase occupant comfort and allow owners and occupants to extract
more value out of floor space. Over 55 Fortune 1000 companies have
reduced lighting energy costs by 50 to 75 percent for an average
payback of two years with our initial application for reducing
lighting. Visit www.enlightedinc.com for more information. 
Media Contacts 
Michael Kanellos
Eastwick
+1 (415) 820-4176
Kanellos@eastwick.com 
 
 
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