Adura Technologies Secures $12,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=788409e1-6032-45f0-b0a5-737400170c10&Preview=1 -
Date
2/23/2010 -
Company Name
Adura Technologies -
Mailing Address
101 Second Street San Francisco, CA 94105 -
Company Description
Adura Technologies is a clean energy technology venture applying low-power wireless mesh networking to the lighting controls market. We design, manufacture and commission our lighting management solutions. Our mission is to provide cost effective lighting solutions for retrofit of commercial buildings so that building owners, tenants, and facility managers can implement energy efficiency and load curtailment strategies reducing their operating cost and their carbon footprint. -
Website
http://www.aduratech.com -
Transaction Type
Venture Equity -
Transaction Amount
$12,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The new funding will help Adura continue to grow through the expansion of our commercialization efforts and ongoing technology development. -
M&A Terms
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Venture Investor
NGEN Partners -
Venture Investor
VantagePoint Venture Partners -
Venture Investor
Claremont Creek Ventures
