Daintree Secures $8M

Daintree Networks, Inc., a Mountain View, CA-based provider of energy-saving wireless control solutions for commercial buildings, completed an $8m round of funding.

The round was led by Lend Lease‘s venture capital business, a dedicated cleantech investor.
The investment will be used to fund the company’s worldwide expansion as well as ongoing technology and product development.
The company, which operates an R&D facility in Melbourne, Australia, is developing a wireless solution that overcomes the traditional barriers to retrofitting existing buildings with energy saving lighting control systems.
Daintree commercializes its solutions through global lighting and controls companies using open standards technologies.


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