- Acquired by Galileo Tech, Feb 2021
- Raised $1.2M funding round, Feb 2018
- Raised $500k funding round, Nov 2011
About
Bright Innovations develops information and communication technologies designed to support the smart city vision of a smart and shared environment for people, vehicles, and devices inhabiting the urban environment. The company achieves its goal primarily through its Coral Reef solution, an open smart city platform divided into three parts. The first part entails the Coral Reef engine units (or nodes), which are embedded into or attached to street lights and have advanced communications and processing capabilities. The second part of the system is the Bright Innovations app store, a cloud-based data center where third-party applications can utilize onboard hardware to provide smart cities with a multitude of applications and solutions. Collection and analysis in cloud-based data repositories enables big data and artificial intelligence (AI) capabilities. The third part of the Bright Innovations platform is a gateway for application developers and users that provides advanced control and monitoring features.
Funding history · 3 rounds · $2.2M total
Q&A
- What is Bright LED's primary focus?
- Bright LED develops information and communication technologies to support smart city applications, focusing on creating a smart and shared environment for people, vehicles, and devices.
- When was Bright LED acquired and by whom?
- Bright LED was acquired by Galileo Tech in February 2021.
- What is the Coral Reef solution offered by Bright LED?
- The Coral Reef solution is an open smart city platform comprising engine units embedded in street lights, a cloud-based app store for third-party applications, and a gateway for developers and users to control and monitor features.
- How many employees does Bright LED have?
- Bright LED has 11-50 employees.
- What was Bright LED's total funding amount?
- Bright LED raised a total of $2,200,000 across its funding rounds.
- When was Bright LED founded?
- Bright LED was founded in January 2009.
- Who was one of the investors in Bright LED's February 2018 funding round?
- Mayfair 101 was an investor in Bright LED's February 2018 funding round.
- Where is Bright LED's headquarters located?
- Bright LED's headquarters is located in Haifa, Israel.
Team · 1
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/11619461 |
Identifiers & details
| Founded | 2009-1 |
|---|---|
| Employees (exact) | 14 |
| Offices | New York; Changzhou Shi; Melbourne |
| Status reason | Acquired (Inactive) by Galileo Tech on Feb 2021 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Galileo Tech 2021-02
Radar intelligence
Patents
| EPO | 126 |
|---|