Enlighted Gets $20 Million for Energy-Saving Lighting ControlsAndrew Herndon
Enlighted Inc., a closely held provider of lighting control systems for buildings, received $20 million from venture capital investors led by RockPort Capital Partners LLC.
Existing backers Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson and Intel Capital Corp. also participated in the company’s Series C financing round, Enlighted said in an e-mailed statement.
Lighting consumes about 19 percent of global electricity, and demand for lighting is expected to increase by 80 percent by 2030, Enlighted Chief Executive Officer Tushar Dave said in the statement. The company, based in Sunnyvale, California, provides sensors and software that can reduce lighting energy costs in buildings by as much as 75 percent.
Its systems are used in about 10 million square feet of commercial real estate, about double the amount five months ago, and customers include Google Inc., Hewlett-Packard Co. and LinkedIn Corp., the company said.