Greenwave has raid $19 million to prepare for the day when our homes are run by computers. The company is building a “Home2Cloud” platform that connects all the different connected devices in a home and makes it easier to manage them from one dashboard.
The cost of light bulbs that use light-emitting diodes (LED), which are much more efficient than typical incandescent light bulbs, could fall by as much as 50 percent by 2017, said Phillips Lighting chief executive Zia Eftekhar.
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Light-emitting diode (LED) lighting is more power-efficient than your typical incandescent light bulb, but it requires a different type of power setup. That’s where Redwood Systems, a provider of intelligent lighting systems, comes in.