Isotera Closes £1.1M funding

Isotera, a Cambridge, UK-based LED lighting specialist, has closed a £1.1m funding round.

Seven London Business Angels, including lead investor has been Paul Anson, and the LBA EIS Roundtable Syndicate Fund 2011 committed £360k.

The company intends to use the new capital to expand its team, and launch its first suite of products.

Led by CEO Marc Ottolini, Isotera has developed an intelligent LED lighting system which is designed to improve the performance of LED lights, and makes installation more affordable. The company is now working in partnership with players in the global lighting supply chain to offer end to end solutions to contractors and system integrators.

FinSMEs

10/04/2012

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