In this week's update: LED-centric business updates from Digital Lumens and Rubicon; and new product announcements from Lynk Labs and Cree.
Both Digital Lumens and Rubicon have new funding. Digital Lumens is a networked-lighting specialist that offers LED-based luminaires and adaptive control software, and the company said it grew its customer base by 150% in 2012. The startup company just announced $10 million in additional funding from existing investors including Black Coral Capital, Flybridge Capital Partners, and Stata Ventures.
Rubicon Technology, meanwhile, secured a $25 million revolving line of credit from Silicon Valley bank. The company said that it has no existing debt and that the line of credit will strengthen its liquidity and possibly fund future business development. Rubicon is a materials company that offers large-diameter sapphire wafers that are used to manufacture LEDs.
In partnership news, ByteLight signed Solaris Lighting as the first licensee for indoor location-centric technology. ByteLight offers lighting manufacturers the ability to transmit location information via LED sources to camera-enabled smartphones. The company believes that the GPS-like capability will be utilized in retail, travel, and museum applications.
Back to the controls area, Acuity Brands has acquired the assets of Adura Tehnologies. Acuity already has a number of controls-oriented technologies in its portfolio such as products from the Roam, nLight, and SensorSwitch brands. Adura specializes in wireless mesh networking based on the ZigBee standard and that's a technology that Acuity is lacking.
Lynk Labs introduced a new AC-LED module that is 114 millimeters in diameter and that can produce 2000 lm. The SR114 module is based on mid-power Epistar LEDs and the company said that the design features a dim-to-warm capability that mimics the operation of a dimmed incandescent lamp. The design delivers the warmer color temperature when dimmed by mixing 2200 kelvin and 4000 kelvin LED channels.