About
Metrolight provides energy-efficient eHID and LED solutions for high-power lighting. Its ballasts, drivers, and managed lighting solutions are used in retail, industrial, commercial, and municipal installations to reduce energy consumption and carbon emissions.
The company is developing a business model and technology platform to bridge the LED and IoT markets. Metrolight's LED2IoT gateway controls and manages the LED system and supports the connection and management of peripheries that ultimately stream data to cloud services. Because LEDs drive installations and retrofits, Metrolight sees each light point as valuable real estate that can provide a platform for value-added services, including cellular, WiFi, video, electric car charging, smart parking, announcements, sign hazard detection, and city management.
The company is currently on hold.
Funding history · 5 rounds · $27.0M total
Company Intelligence Q&A
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- What is Metrolight's primary business?
- Metrolight provides energy-efficient eHID and LED solutions for high-power lighting, including ballasts, drivers, and managed lighting solutions.
- What is Metrolight's current operational status?
- Metrolight is currently inactive, having ceased operations in December 2022. The company is on hold.
- When was Metrolight founded?
- Metrolight was founded in April 1996.
- What is Metrolight's total funding raised?
- Metrolight has raised a total of $27,000,000 in funding. For a full financing history, please refer to startupim.
- Which investors participated in Metrolight's Series C round?
- Metrolight's Series C round in August 2007 included investors Gemini, MoreVC, Altshuler Shaham Investment House, and Virgin Green Fund.
- What was Metrolight's last funding round?
- Metrolight's last funding round was a Convertible Debt round in December 2011, raising $4,000,000 from Viola Credit.
- How many employees did Metrolight have?
- Metrolight had 29 employees.
- What is Metrolight's approach to the IoT market?
- Metrolight is developing a business model and technology platform, including an LED2IoT gateway, to bridge the LED and IoT markets by controlling LED systems and managing peripheral connections for data streaming to cloud services.
- What are the environmental benefits of Metrolight's solutions?
- Metrolight's lighting solutions are designed to reduce energy consumption and carbon emissions by up to 70% in retail, industrial, commercial, and municipal installations.