Lumenpulse Shines with $16M

8/8/11Follow @xconomy

Lumenpulse, a manufacturer of LED lighting fixtures, announced today that it has raised $16 million in an equity- and debt-based Series A round of financing. The company, whose U.S. headquarters are in Boston, said the funding will go to market and product development. Investors in the round include Lumenpulse’s management and board of directors, as well as Silicon Valley Bank, which provided a new term loan and working capital line of credit.

By posting a comment, you agree to our terms and conditions.