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Stanley Electric Co. Ltd. - IR Light Sources 4/24 LB

LED Lighting Raises $16.5M

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MORRISVILLE, N.C., Nov. 2, 2007 -- LED Lighting Fixtures Inc. (LLF), a developer of LED fixtures for general lighting applications, today announced that it has raised $16.5 million in an equity financing round led by private equity firm Digital Power Capital LLC. "We are thrilled by the market acceptance of our product and the strong demand that we are seeing. With the close of our financing round, we expect to launch new products early next year that will include a four-inch downlight as well as a recessed architectural lay-in fixture that will be suitable for commercial and office environments," said LLF President Mike...Read full article

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    Published: November 2007
    Glossary
    photonics
    The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
    ConsumerDigital Power CapitaldownlightEmploymentequityequity financingfinancingfundingLED Lighting FixtureslightingLLFMark MillsMike RogersNews & FeaturesphotonicsLEDs

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