ByteLight Obtains $1,250,000 New Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b8bcc104-5405-4a3b-a9a4-47da3c05ffd3&Preview=1 - Date
10/17/2012 - Company Name
ByteLight - Mailing Address
1 Cambridge Center 6th Floor Cambridge, MA 02142 - Company Description
Based in Cambridge, MA, Bytelight is a provider of market-leading indoor positioning solutions using an innovative LED lighting based technology. ByteLight’s solution leverages the existing lighting infrastructure to deliver unprecedented accuracy and responsiveness. This enables venue owners with the ability to offer information to people at precise locations inside buildings through smart phones and other devices. - Website
http://www.bytelight.com - Transaction Type
Venture Equity - Transaction Amount
$1,250,000 - Transaction Round
Undisclosed - Proceeds Purposes
ByteLight will use the funding to build its team, deploy at pilot locations and expand its ecosystem of lighting partners. - M&A Terms
- Venture Investor
VantagePoint Venture Partners - Venture Investor
Undisclosed
