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Renaissance Lighting, Inc. Closes $10 Million Financing Round
Source/Type:
Company News Releases
September 24, 2007... Herndon, Virginia USA-- Renaissance Lighting, Inc. has completed a $10 million round of financing led by the Altira Group, a venture capital firm based in Denver , CO . The funding will be used to grow RL’s portfolio of solid-state products and expand sales, marketing and operations. RL was founded in 2005 to develop and market its revolutionary patented Constructive Occlusion® optics to deliver the advantages of LED light sources to the architectural lighting market.
About Renaissance Lighting, Inc.
RL Light produces highly innovative lighting products delivering exceptional appearance, superior efficiency and glare free illumination for all architectural applications. The Company’s unparalleled products are supported by 27 patents, including its optical and feedback control technologies. Headquartered in Herndon , Virginia , its products are marketed through two distinct brands. Its evoTM products produce cutting edge solid state lighting fixtures that maximize the cost and performance advantages of high brightness LEDs to provide complete control of color and intensity, while its Renaissance LightingTM products offer high performance HID and Halogen lighting to produce surface wash lighting with exceptional uniformity and optimum luminaire spacing. Altira was the lead Series A-1 investor, which closed in September 2007. For more information on RL Light, visit www.rllight.com.
About Altira
Altira is a venture capital firm focused exclusively on energy technology. Based in Denver , CO and founded in 1996, Altira looks for promising technology companies in the areas of oil and gas, clean energy and power. The firm targets market entry opportunities with initial investments ranging from $1 million to $10 million. For more information, visit Altira at www.altiragroup.com.
Renaissance Lighting
781.782.5783
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