Redwood Systems gets $4M for commercial building LEDs
Redwood Systems, a Danville, Calif.-based firm that wants to help businesses conserve energy by converting to LED lighting, has raised $4 million in first round funding, according to PEHub.
While compact fluorescent lightbulbs (or CFLs, as they’re more commonly known) are a major improvement over incandescents,… Continue Reading
Luminus Devices raises $72M for LED manufacturing
In a sign of the maturation of the LED market, Luminus Devices has taken a meaty $72 million round to manufacture lights for a number of new consumer and commercial markets.
Luminus has made LEDs –which some say will be soon dominate lighting — for the… Continue Reading