Terralux, Inc., a Longmont, Colorado-based provider of LED lighting and building intelligence solutions, received $11m growth investment.
The round was led by EnerTech Capital, with participation from Generation Investment Management, Crawley Ventures, Emerald Technology Ventures, GC&H Investments, and Founder & CTO Dr. Anthony Catalano.
The company intends to use the funds to continue sales growth and further develop its portfolio of its LED retrofit products, OEM products and LEDSENSE® cloud-based technology.
Led by CEO Steve Hane, Terralux designs and manufactures LED lighting and building intelligence solutions for commercial and industrial applications.
The company holds 30 patents across the most critical aspects of LED technology.