Redwood Systems networks LEDs for a brighter future (Silicon Valley)
Redwood Systems Inc. has developed a way to add smart controls to LED lighting, technology that offers huge energy savings in buildings along with several other advantages.
The Fremont company has raised $12 million in Series A funding from Battery Ventures — which has offices in Silicon Valley, Boston and Israel — as well as U.S. Venture Partners of Menlo Park.
The technology involved gives a window into a very different future for lighting. Founded by two former executives at Cisco Systems Inc., Redwood Systems has taken a networking approach to LED (light emitting diode) systems in buildings. LED lighting, which uses a semiconductor light source, is seen by many experts as a possible energy-saving alternative to even fluorescent bulbs.
Read the full story in the Silicon Valley/San Jose Business Journal.
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