LED maker Terralux shines with new round of funds
Terralux, maker of light-emitting diode systems, just brought in an undisclosed first round of financing but is already looking to raise more. Based in Boulder, Colo., the company has been operating off of funds provided by its founder, a practice that it has long since outgrown.
With about 30 LED products on the market, Terralux has seen sales jump consistently by 50 to 60 percent each year since its founding in 2003. Right now, it’s emphasis… Continue Reading