Adura Technologies Finds $5M
San Francisco-based Adura Technologies said today that it has raised $5M in a Series A investment for its turn-key wireless lighting management systems. The firm said the round was co-led by VantagePoint Venture Partners and Claremont Creek Ventures. Adura develops systems used for automatically reducing the use of electricity in commercial buildings; the firm's software connects to building management systems and monitors and controls lighting using wireless mesh technology. Lee Burrows of VantagePoint joins Adura's board along with the funding.
posted on Thursday, October 16, 2008 (Link to more information)
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