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.

Media Contacts
Michael Kanellos
Eastwick
+1 (415) 820-4176
[email protected]

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
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, will discuss how from store operations...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at 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. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: imple...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, will discuss how by using...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...
Transforming cloud-based data into a reportable format can be a very expensive, time-intensive and complex operation. As a SaaS platform with more than 30 million global users, Cornerstone OnDemand’s challenge was to create a scalable solution that would improve the time it took customers to access their user data. Our Real-Time Data Warehouse (RTDW) process vastly reduced data time-to-availability from 24 hours to just 10 minutes. In his session at 21st Cloud Expo, Mark Goldin, Chief Technolo...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
SYS-CON Events announced today that CAST Software will exhibit at 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. CAST was founded more than 25 years ago to make the invisible visible. Built around the idea that even the best analytics on the market still leave blind spots for technical teams looking to deliver better software and prevent outages, CAST provides the software intelligence that matter ...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japanese Pavilion at 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. Ruby Development Inc. builds new services in short period of time and provides a continuous support of those services based on Ruby on Rails. For more information, please visit https://github.com/RubyDevInc.
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
Is advanced scheduling in Kubernetes achievable? Yes, however, how do you properly accommodate every real-life scenario that a Kubernetes user might encounter? How do you leverage advanced scheduling techniques to shape and describe each scenario in easy-to-use rules and configurations? In his session at @DevOpsSummit at 21st Cloud Expo, Oleg Chunikhin, CTO at Kublr, will answer these questions and demonstrate techniques for implementing advanced scheduling. For example, using spot instances ...
As businesses evolve, they need technology that is simple to help them succeed today and flexible enough to help them build for tomorrow. Chrome is fit for the workplace of the future — providing a secure, consistent user experience across a range of devices that can be used anywhere. In her session at 21st Cloud Expo, Vidya Nagarajan, a Senior Product Manager at Google, will take a look at various options as to how ChromeOS can be leveraged to interact with people on the devices, and formats th...
First generation hyperconverged solutions have taken the data center by storm, rapidly proliferating in pockets everywhere to provide further consolidation of floor space and workloads. These first generation solutions are not without challenges, however. In his session at 21st Cloud Expo, Wes Talbert, a Principal Architect and results-driven enterprise sales leader at NetApp, will discuss how the HCI solution of tomorrow will integrate with the public cloud to deliver a quality hybrid cloud e...
SYS-CON Events announced today that Yuasa System will exhibit at the Japan External Trade Organization (JETRO) Pavilion at 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. Yuasa System is introducing a multi-purpose endurance testing system for flexible displays, OLED devices, flexible substrates, flat cables, and films in smartphones, wearables, automobiles, and healthcare.