What Have Intelligent Efficiency Companies Been Up to Lately?

Portland

Smart Buildings Roundup: Investments, Partnerships and Software Upgrades Abound

GreenTech Efficiency, September 12, 2014

Summer was a busy period for companies working on the connected home. It was also filled with activity from companies working on making buildings smarter, with $28.9 million in investments and a couple notable strategic partnerships.

Below is a summary of some of the top activity in intelligent efficiency within the commercial building sector.

Investments: Enlighted, Enertiv and Lucid collectively pull in nearly $30 million

Enlighted, a startup from Sunnyvale, California developing new wireless sensors and management software for connected lighting, closed a Series D round worth $20 million in late August. That brings the company’s total raise to $55 million. All of Enlighted’s existing investors — Draper Nexus Ventures, Kleiner Perkins Caufield & Byers, RockPort Capital Partners, Draper Fisher Jurvetson and Intel Capital — participated in the latest round. The money will be used to build new applications and expand sales throughout North America, Europe and Asia.

Read More