Lumenpulse Inc. a maker of architectural LED-based lighting, has sealed $16 million in Series A equity and debt financing, the company announced Monday. The money will be used for product development. Names of investors were undisclosed. The debt financing came from Silicon Valley Bank.

PRESS RELEASE
Lumenpulse Inc. (www.lumenpulse.com), a leading innovator and manufacturer of high performance, architectural LED-based lighting solutions for commercial, institutional, and urban environments, today announced that it has completed a $16 million Series A equity and debt round to be used to support the growth of Lumenpulse and to extend market and product development. This equity investment came from a select group of private investors and includes participation from the Company’s management and board of directors. In addition, this financing includes a new term loan and working capital line of credit from Silicon Valley Bank (SVB).

Founded in 2006, Lumenpulse is establishing a ...