Digital Lumens raises USD23m for intelligent LED lighting solution
The investment will be used to scale operations, expand product development in next-generation lighting systems, and increase sales and marketing as the company rapidly bolsters its global footprint.
“From consumer to industrial markets, the connected world presents new opportunities for efficiency, insight, comfort, safety, and operational intelligence – all delivered via next-generation lighting systems,” said Tom Pincince, President and CEO of Digital Lumens. “Our platform gives customers the most direct access to enterprise-scale building and energy intelligence – through the lens of their lighting network. With deep roots in traditional industrial infrastructure and strong
commitments to the IoT, our investors see Digital Lumens as the embodiment of the connected enterprise, and are excellent partners for our continued technology and market expansion.”
Digital Lumens develops an enterprise-scale intelligent LED lighting solution that delivers operational visibility and dramatic energy efficiency to large commercial
and industrial customers worldwide. With energy savings of up to 90%, customers deploy the system to meet efficiency objectives, and to gain new levels of building
intelligence. Bringing the concrete value of the Internet of Things (IoT) to business operations, the Digital Lumens system is a wireless network of intelligent LED
lights that gathers sensor and power meter data for ongoing operational insight, and a broad range of building intelligence. Covering more than 100 million square feet of space across 35 countries, Digital Lumens’ Intelligent LED Lighting System appliess the Internet of Things to bring building and energy intelligence to enterprises worldwide.
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