19 Oct 2011

EcoSense closes funding round

LED lighting manufacturer EcoSense Lighting has closed a $13 million Series B financing round LED by Bain Capital Ventures.

The New York-based company says that the latest round of financing will support its continued product-development initiatives and fuel the growth of its engineering and sales teams to satisfy market demand for the technology.

“With its exponential energy and cost savings, breadth of applications and earth‐friendly, sustainable components, we see incredible potential in the LED illumination market,” says Jeffrey Glass, Managing Director of Bain Capital Ventures. “EcoSense has the right team, the right strategy and a level of traction in the professional lighting market needed to be a strong leader in this advancing industry.”

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