Redwood Systems raises $15M in Series B

Redwood Systems, a California-based lighting company, has secured $15 million in Series B funding, the company announced. The investment came from news investor Index Ventures, as well as return investors Battery Ventures and U.S. Venture Partners. The funds will be used to expand the company into key markets. Neil Rimer, the co-founder and partner of Index Ventures, will now join Redwood’s board.

14 October 2010•3 mins read
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