Welcome!

News Feed Item

Enlighted Inc. Raises $20 Million in Series C Financing and Hits Another Major Milestone: 10 Million Square Feet Under Management

Enlighted's Sensor Technology and Data Analytics Reduces Lighting Power Consumption by 50 to 75 Percent

SUNNYVALE, CA -- (Marketwired) -- 04/18/13 -- Enlighted Inc., a leader in solutions for improving the performance and value of commercial buildings and real estate, has raised $20 million in Series C financing. New investor RockPort Capital led the round and was joined by new investor DFJ JAIC. Existing investors Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson, and Intel Capital also participated in the round.

Enlighted is also proud to announce that its intelligent sensor technology and software are being employed to reduce power consumption for more than 10 million square feet of commercial real estate, double the size of the installed footprint just five months ago. LinkedIn, Bank of New York, Google, Turner Broadcasting, JDSU, the City of San Jose, Hewlett-Packard and several Fortune 1000 companies have reduced lighting energy costs by 50 to 75 percent in buildings outfitted with Enlighted's system. In all, Enlighted has saved more than 15 gigawatt hours of electricity since it began installing its technology into commercial buildings less than two years ago.

"Managing buildings better remains one of the largest opportunities in technology. Commercial property owners want to increase their net operating income by lowering operating costs as well as get the most out of their floor space," said Victor Westerlind, a general partner at RockPort Capital. "Enlighted leverages sensor and IT technologies to achieve those goals. Just as important, it eliminates the cost and complexity of installing and managing these systems, which have been barriers to adoption."

Enlighted combines leading-edge sensor technology, Big Data analytics, and advanced controls to precisely manage office buildings, public spaces, industrial sites and other real estate. The heart of the company's technology is Enlighted Sensor, an unobtrusive, intelligent device that attaches to new or existing LED, fluorescent, CFL or HID light fixtures. Enlighted Sensors monitor light levels, temperature, occupancy and power consumption for the 100 square feet of floor space directly beneath each of them and then control these environmental parameters to save energy, reduce glare or harvest sunlight. Employees or building managers can quickly personalize spaces for comfort and energy savings with a few mouse clicks.

Enlighted's Energy Manager, meanwhile, analyzes data from Sensor to track consumption, check conference room availability, visualize occupancy and other tasks. Some Enlighted customers, for instance, are using Enlighted's system to redesign work areas and optimize floor space.

Notable case studies include Interface Global, which reduced lighting power in a 35,000 office/warehouse in Acworth, Georgia by 70 percent, achieving a return on investment of 18 months. Tarlton Properties has integrated Enlighted into the 500,000 square feet, 15-building Menlo Business Park to save more than $400,000 per year in lighting and heating/air conditioning energy.

Enlighted's technology can be deployed with LED lighting for a combined reduction in lighting energy of over 80 percent or added to existing fluorescent fixtures, which still comprise 85% of U.S. commercial office buildings, so customers can reduce energy without an electrical retrofit. Increasingly, Enlighted expects to see its technology compliment LEDs in office buildings as well as manufacturing facilities and clean rooms where the combined technologies will have a substantial impact on both lighting and air handling.

"We are extremely gratified by this support and encouragement from our investors and customers," said Tushar Dave, CEO and co-founder of Enlighted. "Lighting consumes approximately 19 percent of the electricity around the world and demand for electric lighting is anticipated to increase by 80 percent by 2030. Yet a substantial portion is used inefficiently. Our technology will help building owners, utilities and others get a handle on this hidden problem."

About Enlighted, Inc.
Enlighted develops technologies for improving the performance and efficiency of buildings and real estate. Based on the premise that building should work for people and not the other way around, the company has created leading-edge sensors, analytics, building controls and software interfaces that reduce energy costs, increase occupant comfort and allow owners and occupants to extract more value out of floor space. Over 55 Fortune 1000 companies have reduced lighting energy costs by 50 to 75 percent for an average payback of two years with our initial application for reducing lighting. Visit www.enlightedinc.com for more information.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, Doug Vanderweide, an instructor at Linux Academy, discussed why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers wit...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists discussed how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations might...
When growing capacity and power in the data center, the architectural trade-offs between server scale-up vs. scale-out continue to be debated. Both approaches are valid: scale-out adds multiple, smaller servers running in a distributed computing model, while scale-up adds fewer, more powerful servers that are capable of running larger workloads. It’s worth noting that there are additional, unique advantages that scale-up architectures offer. One big advantage is large memory and compute capacity...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists examined how DevOps helps to meet the de...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities. In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, posited that disruption is inevitable for comp...
No hype cycles or predictions of zillions of things here. IoT is big. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, Associate Partner at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He discussed the evaluation of communication standards and IoT messaging protocols, data analytics considerations, edge-to-cloud tec...
Cloud applications are seeing a deluge of requests to support the exploding advanced analytics market. “Open analytics” is the emerging strategy to deliver that data through an open data access layer, in the cloud, to be directly consumed by external analytics tools and popular programming languages. An increasing number of data engineers and data scientists use a variety of platforms and advanced analytics languages such as SAS, R, Python and Java, as well as frameworks such as Hadoop and Spark...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We are a monitoring company. We work with Salesforce, BBC, and quite a few other big logos. We basically provide monitoring for them, structure for their cloud services and we fit into the DevOps world" explained David Gildeh, Co-founder and CEO of Outlyer, in this SYS-CON.tv interview at DevOps Summit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Join us at Cloud Expo June 6-8 to find out how to securely connect your cloud app to any cloud or on-premises data source – without complex firewall changes. More users are demanding access to on-premises data from their cloud applications. It’s no longer a “nice-to-have” but an important differentiator that drives competitive advantages. It’s the new “must have” in the hybrid era. Users want capabilities that give them a unified view of the data to get closer to customers and grow business. The...
The Internet giants are fully embracing AI. All the services they offer to their customers are aimed at drawing a map of the world with the data they get. The AIs from these companies are used to build disruptive approaches that cannot be used by established enterprises, which are threatened by these disruptions. However, most leaders underestimate the effect this will have on their businesses. In his session at 21st Cloud Expo, Rene Buest, Director Market Research & Technology Evangelism at Ara...
SYS-CON Events announced today that Silicon India has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Published in Silicon Valley, Silicon India magazine is the premiere platform for CIOs to discuss their innovative enterprise solutions and allows IT vendors to learn about new solutions that can help grow their business.
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...