Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=93da97b4-ffef-4218-bdf5-2cb1d3fc9c81
Date 7/20/2015
Company Name Sensity Systems
Mailing Address 480 Oakmead Pkwy Sunnyvale, CA 94085 USA
Company Description Sensity Systems capitalizes on conversions to LED lighting—a process that will affect 4 billion lights worldwide over the next few years—to create a high-speed, sensor-based, multiservice, open networking platform known as a Light Sensory Network (LSN).
Proceeds Purposes Sensity will use the new funding to expand its cloud-based NetSense LSN platform and IoT applications ecosystem to enable development of value-added applications that allow customers to optimize operations, enhance security, and reduce energy usage by leveraging data and analytics generated by the industrial Internet of Things. Funding will also be used to support rapidly growing sales with our partners for LSN installations worldwide.