Enlighted Secures $25M in Series D Funding

enlighted_logoEnlighted, Inc., a Sunnyvale, CA-based provider of Internet of Things (IoT) solutions for commercial buildings, secured $25m in Series D funding.

Backers included current investors Kleiner Perkins Caufield & Byers, RockPort Capital Partners, and Draper Fisher Jurvetson and new investor Tao Capital Partners.

In addition, Enlighted also announced a new partnership with Square 1 Bank, a division of Pacific Western Bank, for $20m in additional debt.

The company intends to use the funds to accelerate its IoT app development and expand international distribution to France, Germany and the United Kingdom.

Founded in 2009 and led by CEO Joe Costello, Enlighted provides a digital sensor and analytics platform and apps (Space, a space-planning tool, and Aire, a HVAC management tool) to enable lighting controls, energy savings, asset tracking, real time information in commercial building. The company’s solutions are installed in more than 100 million square-feet nationwide in Fortune 500 companies including Google, AT&T and HP and other communications, banking, healthcare, and service providers.



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