Tuesday, August 16, 2011

Lumenpulse Completes $16 Million in Series A and Debt Funding


Lumenpulse Inc. ( www.lumenpulse.com ), a leading innovator and manufacturer of high performance, architectural LED-based lighting solutions for commercial, institutional, and urban environments, today announced that it has completed a $16 million Series A equity and debt round to be used to support the growth of Lumenpulse and to extend market and product development. This equity investment came from a select group of private investors and includes participation from the Company's management and board of directors. In addition, this financing includes a new term loan and working capital line of credit from Silicon Valley Bank (SVB).


� Cooling by free air convection to prevent the power supply overheatingAbout Lumenpulse Inc. Founded in 2006, Lumenpulse develops and manufactures high performance, sustainable architectural LED-based fixtures and solutions for commercial, institutional, and urban environments. Attention to detail in mechanical, optical and fixture design has positioned Lumenpulse as a leader in the global LED lighting marketplace for indoor and outdoor uses. In addition to comprehensive product family offerings, Lumenpulse also specializes in the design, manufacturing and commissioning of large scale, customized, LED lighting solutions worldwide."We've been impressed by Lumenpulse's vision and growth as well as its ability to manage its trajectory, which in part seems due to its ability to recruit an experienced management team," said David Rodriguez, Senior Relationship Manager with Silicon Valley Bank in Boston. "We look forward to continuing to support their success."The much talked about drawback, the lack of evenly distributed light in LED lamps too has been now satisfactorily sorted out by Sharp with their proprietary coating technique of the glass enclosure. Life span? Would 40,000 plus hours satisfy you? And there will be no significant reduction in brightness throughout as well.Interestingly, up to now home lighting more or less ended up at CFLs. While a low priced ordinary CFL lamp would be awkwardly long and tubby, the development of the helical fluorescent tube made it possible for it to be used in ceiling and wall fixtures as architectural building elements.Add to Digg Bookmark with del.icio.us Add to NewsvineThe term "solid state" refers to the fact that light in an LED is emitted from a solid object�a block of semiconductor�rather than from a vacuum or gas tube, as is the case in traditional incandescent light bulbs and fluorescent lamps. Compared to incandescent lighting however, SSL creates visible light with reduced heat generation or parasitic energy dissipation, similar to that of fluorescent lighting. In addition, its solid-state nature provides for greater resistance to shock, vibration, and wear, thereby increasing its lifespan significantly.

Contacts : Jason Broadhurst Director of Marketing Lumenpulse Phone: 1-877-937-3003 E-mail: Email Contact Jennifer McNeil Birnbach Communications Phone: 508-380-2902 E-mail: Email Contact




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