Tech Company Financing Transactions

Light-Based Technologies Funding Round

Light-Based Technologies secured a $7.5 million Series B funding round on 9/20/2011. Investors included Chrysalix Energy Venture Capital, VantagePoint Capital Partners and private investors.

Transaction Overview

Announced On
9/20/2011
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Series B
Investors

Chrysalix Energy Venture Capital (Lead Investor)

VantagePoint Capital Partners (Lead Investor) (Marc van den Berg)

Proceeds Purpose
In addition to fortifying the management team the funding will be used primarily to expand sales efforts to Tier 1 customers, as well as to build on and expand the existing intellectual property portfolio that LBT is commercializing.

Company Information

Company Status
Private & Independent
Industry
Electronics
Mailing Address
3689 East 1st Ave. 200
Vancouver BC, V5M 1C2
Canada
Email Address
Overview
Light-Based Technologies was formed in 2004 to explore unique technologies for LED lighting. As it became apparent that LEDs were taking over the massive global lighting industry, LBT directed its focus to provide solution that could truly enable SSL adoption through quality of light, high performance and low cost.
Profile
Light-Based Technologies LinkedIn Company Profile
Social Media
Light-Based Technologies Company Twitter Account
Company News
Light-Based Technologies News
Facebook
Light-Based Technologies on Facebook
YouTube
Light-Based Technologies on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Art Aylesworth
  Art Aylesworth LinkedIn Profile  Art Aylesworth Twitter Account  Art Aylesworth News  Art Aylesworth on Facebook
Chief Operating Officer
Matthew Watson
  Matthew Watson LinkedIn Profile  Matthew Watson Twitter Account  Matthew Watson News  Matthew Watson on Facebook


 

 

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We do our best to document tech company VC transactions. VC transactions on this site come from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.

 


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