LUMEnergi Secures $6,200,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1d57b0a6-705e-4cf0-8cb3-8243dd7891f6&Preview=1
Date
3/15/2012
Company Name
LUMEnergi
Mailing Address
8371 Central Ave Newark, CA 94560
Company Description
LUMEnergi, formally Luminoptics, is bringing to the lighting and controls market the first, cost-effective, high-ROI dimming lighting ballast technology expected to spur the growth of energy-efficient, demand-responsive buildings.
Website
http://www.lumenergi.com
Transaction Type
Venture Equity
Transaction Amount
$6,200,000
Transaction Round
Series B
Proceeds Purposes
The financing will be used to support commercial growth and expansion plans.
M&A Terms
Venture Investor
Braemar Energy Ventures
Venture Investor
Noventi
Venture Investor
Low Carbon Accelerator