Last deal

$10M

Amount

Debt Financing

Stage

14.09.2015

Date

3

all rounds

$84M

Total amount

date founded

Financing round

General

About Company
Sensity Systems is a technology company that revolutionizes LED lighting.

Industry

Sector :

Subsector :

founded date

01.01.2010

Operating Status

Closed (01.09.2016)

Number of employees

Company Type

For Profit

Last funding type

Debt Financing

IPO status

Private

Description

Sensity Systems leverages the global shift towards LED lighting by creating a Light Sensory Network (LSN), a sensor-based, open networking platform. By embedding networking technology and sensors within LED luminaires, Sensity's NetSense platform enables lighting owners to improve energy efficiency, lighting control, and various business processes. Through partnerships with software developers, Sensity connects energy savings to diverse business goals like public safety, parking control, asset management, and retail analytics. As the first company to assemble the necessary expertise and partnerships, Sensity Systems is making the Light Sensory Network a reality. Headquartered in Sunnyvale, California, Sensity serves a wide range of customers globally, including Fortune 500 businesses, municipalities, universities, hospitals, and more. They enable LED light owners to capitalize on the conversion process by integrating networking technology into both retrofit and new LED luminaires.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Transaction name

Acquired by

Verizon

announced date

12.09.2016

Financials

Funding Rounds
4
3

Number of Funding Rounds

$84M

Money Raised

Their latest funding was raised on 14.09.2015. Their latest investor GE Ventures. Their latest round Debt Financing

Date 
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$10M
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Acquisitions
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Acquiree Name 
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Eutecus acquired by Sensity Systems

Eutecus acquired by Sensity Systems

acquirer

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date

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type

Acquisition
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Subsector

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Location

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2

People

Founders
3
Rao Arimilli
Rao Arimilli

Rao Arimilli

Rao Arimilli sets the technical strategy for Sensity Systems, the company (formerly known as Xeralux) he helped to co-found in 2010. In this role, he applies more than 24 years of experience building world-class engineering, product management, and marketing teams at both startups and public companies. Previously, Rao held numerous executive positions in the technology industry, including CEO of Object-Mart Inc., an Internet/intranet distributed object-oriented management applications provider for the telecom industry; chairman at Parama Networks, pioneer of system-on-a-chip technology for optical transport; CEO of Softrock Systems, a platform for rapid prototyping; vice president of product management at ONI Systems; and various technical and management positions at AT&T Bell Labs. Rao’s broad technical background encompasses telecommunications and data networking, network planning and management systems, and application development platforms. He has an MS in computer science from Texas A&M.

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Rao Arimilli

Rusty Cumpston
Rusty Cumpston

Rusty Cumpston

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RKVST
RKVST

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Rusty Cumpston

Hugh Martin
Hugh Martin

Hugh Martin

Hugh Martin is a Chairman & CEO at Lacuna Technologies. He attended Rutgers University.

current job

Lacuna Technologies
Lacuna Technologies

Hugh Martin

Employee Profiles
36

Udit Batra

Director product management

Sowmya Srinivasan

Finance leader of operations and fpa at sensity systems

Geoff Sykes

Director of manufacturing operations

Pamela Adams

Pamela Adams

Vice President, Engineering and Operations, Sensity Systems

Hubert Riley

Hubert Riley

Vice President, External Affairs, Sensity Systems

Activity

Recent News
0