CIMCON Lighting offers software-driven lighting controllers and IoT-enabled Smart City lighting management solutions. The company assists cities in operating more efficiently while reducing energy and maintenance expenses. Their solutions are deployed in over 50 cities across 16 countries. By utilizing LED lighting, CIMCON Lighting creates a wireless sensor network and platform that allow cities to implement a wide range of Smart City applications, such as outdoor lighting management, air quality monitoring, electric vehicle charger metering, public safety and security enhancement, parking optimization, traffic management, small cell tower installation, pedestrian safety, video analytics, and waste management, thereby enhancing the residents' quality of life. Established in 2012, CIMCON Lighting is based in Bedford, Massachusetts. The company secured a $10.00M Debt Financing investment on 10 September 2019, with the investment coming from Digital Alpha Advisors. CIMCON Lighting operates in the Automation, Consumer Electronics, IoT, Privacy and Security, and SaaS industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $10.00M | 1 | 10 Sep 2019 | |
Series C | $23.00M | 3 | 10 Sep 2019 | |
Venture Round | Unknown | 2 | 03 Sep 2017 | |
Series B | $15.00M | 5 | TiE-Boston, LaunchPad Venture | 25 May 2017 |
Seed Round | $1.27M | - | 27 May 2015 |
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