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Albeo Technologies is a Boulder, Colorado-based manufacturer that designs and produces energy-efficient white-LED solid-state lighting systems for commercial and industrial facilities. The enterprise provides hardware solutions intended to replace traditional high-intensity discharge and fluorescent fixtures in large-scale environments such as warehouses, data centers, manufacturing plants, and cold storage facilities. Prior to its acquisition, the hardware manufacturer raised approximately $11 million in venture capital funding from institutional backers including Braemar Energy Ventures. The business generated traction with over 72,000 website visits in an eleven-month span before being acquired by GE Lighting in November 2012 to expand its commercial LED product offerings. Following the transaction, the brand was integrated into the lighting division that later became Current, powered by GE. Albeo Technologies was founded in 2004 by Jeff Bisberg and Neil Cannon.
Albeo Technologies has raised $8.0M across 1 funding round.
Albeo Technologies has raised $8.0M in total across 1 funding round.
Albeo Technologies has raised $8.0M in total across 1 funding round.
Albeo Technologies's investors include Dennis Costello, Green Spark Ventures.
Albeo Technologies has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Series C in March 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 20, 2012 | $8M Series C | Dennis Costello | Green Spark Ventures | Announced |
