Tech Company Financing Transactions
Sensity Systems Funding Round
Cisco Investments, Acuity Ventures and GE Ventures participated in a $36 million funding round for Sensity Systems. The round was recorded on 7/20/2015.
Transaction Overview
Company Name
Announced On
7/20/2015
Transaction Type
Venture Equity
Amount
$36,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Sensity will use the new funding to expand its cloud-based NetSense LSN platform and IoT applications ecosystem to enable development of value-added applications that allow customers to optimize operations, enhance security, and reduce energy usage by leveraging data and analytics generated by the industrial Internet of Things. Funding will also be used to support rapidly growing sales with our partners for LSN installations worldwide.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
480 Oakmead Pkwy
Sunnyvale, CA 94085
USA
Sunnyvale, CA 94085
USA
Phone
Website
Email Address
Not Recorded
Overview
Sensity Systems capitalizes on conversions to LED lighting--a process that will affect 4 billion lights worldwide over the next few years--to create a high-speed, sensor-based, multiservice, open networking platform known as a Light Sensory Network (LSN).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Hugh Martin
Chief Financial Officer
Phil Rehkemper
Chief Information Officer
Tahir Khan
Chief Technical Officer
Geoff Arnold
VP - General Counsel
Scott Shipman
VP - Marketing
Amy Lee
VP - Product Management
David Tucker
VP - Sales
Sean Harrington
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