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  LOCATION:China Kaiye Lighting Limited > News > Enterprise dynamic
 
LED light manufacturer Terralux raises $11M
views count:3938 Date:2015-03-09 16:03:46 Author:SystemMaster
Terralux, a Longmont company that makes LED lights, has raised another $11 million from investors.
The company's lights can be retrofitted into existing buildings, and use microchips that turn off the light when a room is empty. Terralux's CEO, Steve Hane, told the Denver Post there's a large market for its lights in older buildings. "For every one new building going up in the country, there are 55 that would need to be retrofitted."
EnterTech Capital led the latest funding round.
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