Albeo Technologies Lands $8,000,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4f21fa4f-1919-47b5-9760-fde25f33a92d&Preview=1 - Date
3/20/2012 - Company Name
Albeo Technologies - Mailing Address
2108 55th St. Boulder, CO 80301 - Company Description
AlbEO Technologies, Inc. is a privately funded start-up in Boulder Colorado with a Mission to combine art, design, and technology to create lighting systems with superior performance, superior reliability, and dramatically reduced power consumption. - Website
http://www.albeotech.com - Transaction Type
Debt, Venture Equity - Transaction Amount
$8,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The funding allows Albeo to increase both the breadth of its LED lighting portfolio and depth of its channel presence. The new capital will also create a stronger financial base that allows the company to continue its rapid, sustainable growth. - M&A Terms
- Venture Investor
Braemar Energy Ventures - Venture Investor
Green Spark Ventures - Venture Investor
Silicon Valley Bank
