On the Heels of the Company’s Best Quarter Ever and Recent Appointment of Its New CEO, Enlighted’s Momentum Continues Building
Enlighted, the company bringing the Internet of Things (IoT) to the workplace with its smart sensor network and lighting control, today announced that it has secured $20 million in a Series D funding round. All of Enlighted’s current investors — Draper Nexus Ventures, Kleiner Perkins Caufield & Byers, RockPort Capital Partners, Draper Fisher Jurvetson and Intel Capital — participated in this round.
“Enlighted is on a tear, with strong customer momentum and revenue growth,” said Joe Costello, who was recently appointed chairman and chief executive officer of Enlighted. “With this latest funding, we’ll be able to keep up with current demand and continue to develop advanced workplace applications based on our sensor network and analytics platform, further extending the value of our system for customers.”
Enlighted’s people-smart lighting sensor product not only saves energy in commercial environments, but also increases comfort of occupants by adapting to individual and ambient lighting conditions. The system securely and anonymously collects data onto the Enlighted platform, to report on occupancy, environment and activity within a space. The evolving platform will soon add HVAC, security and other applications to the current lighting sensor functionality.
“Enlighted improves enterprise productivity and reduces operating costs through a combination of sensors, connectivity and big data analytics,” said Trae Vassallo, partner at Kleiner Perkins Caufield & Byers and member of Enlighted’s board of directors. “Enlighted turns commercial buildings into powerful computing platforms — putting the Internet of Things to work for its customers.”
The second quarter of 2014 marked Enlighted’s best quarter yet. Enlighted’s advanced sensor network and lighting control system is currently deployed in 45 million square feet of office space across customers such as LinkedIn, Google, AT&T, Barclays and Genentech.
Enlighted provides people-smart energy efficiency solutions for commercial environments. Its first application — advanced lighting control, built on the Enlighted sensor and analytics platform — saves companies between 50% and 70% in energy costs while tuning individual workspaces for the comfort and efficiency of the people who work in them. Additional applications ranging from occupancy and real estate analysis, to HVAC controls to security services are based on additional data that can be observed and aggregated on the Enlighted Application. For more, visit www.enlightedinc.com.