Toronto investor leads $10 mln Series B financing of LumaStream
LumaStream, a specialist in end-to-end low-voltage systems for LED lighting, has raised US$10 million in a Series B preferred equity tranche from a Toronto-based investment group. The group was unnamed, but was said to have ties to both the lighting industry and home-building market. Funding proceeds will be used to expand LumaStream's capacity to fulfill orders from a growing number of hospitality and multi-site retail customers, according to the company. Founded in 2009, LumaStream has its headquarters in Petersburg, Florida. It also has an office in Waterloo, Ontario.
20 February 2014•4 mins read
