Last deal

$33.M

Amount

Series C

Stage

10.09.2019

Date

6

all rounds

$59.3M

Total amount

General

About Company
CIMCON Lighting provides IoT-enabled city lighting management solutions.

Industry

Sector :

Subsector :

Also Known As

CIMCON

founded date

01.01.2012

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

The company's software-powered lighting controllers and IoT-enabled Smart City lighting management solution help cities run smarter by decreasing energy and maintenance costs. CIMCON Lighting's solution has been implemented in over 50 cities in 16 countries, using LED lighting to create a wireless sensor network and platform enabling cities to implement a variety of Smart City applications. These applications include managing outdoor lighting, monitoring air quality, metering electric vehicle chargers, improving public safety and security, optimizing parking and traffic, installing small cell towers, improving pedestrian safety, using video analytics, and managing waste. The company's technology platform transforms existing streetlight infrastructure into a foundation for smart city applications and solutions, ensuring faster and more effective digital transformation and enabling clients to reduce energy costs. CIMCON Lighting was founded in 2012 and is headquartered in Bedford, Massachusetts. The company was acquired by Quantela, Inc. in August 2021.
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