# Adura Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adura-technologies

- Industry: Renewable Energy
- Headquarters: San Francisco, US
- Website: www.aduratech.com
- Total disclosed funding: $25M
- Latest round: Series B (Feb 10, 2012)
- Investors on record: 3

## About

Adura Technologies offers advanced lighting control solutions tailored for energy efficiency and user experience, primarily serving commercial and industrial clients across various sectors.Founded in 2004, Adura Technologies operates from San Francisco, US, providing innovative lighting control systems. In January 2012, the company was acquired by Acuity Brands for an undisclosed sum. Adura specializes in intelligent lighting controls to enhance energy efficiency and user engagement. The company has completed a total of 4 deals, with the latest funding round being Series B, which raised USD 7.650 mn from investors including Claremont Creek Ventures, NGEN Partners, and VantagePoint Capital. Adura Technologies currently holds a valuation of USD 20.096 mn.Adura Technologies specializes in advanced lighting control systems designed for both indoor and outdoor applications. Their product line includes sophisticated lighting controls that utilize occupancy sensors, daylight sensors, and embedded controls, aimed at improving energy efficiency. The company serves diverse industries such as healthcare and infrastructure, offering tailored solutions that address specific user needs for energy conservation and safety, solidifying its presence in competitive markets across North America and select regions in Europe and Asia.Adura Technologies generates revenue through direct sales to businesses, partnerships with distributors, and contracts with contractors. Their offering includes a range of lighting control solutions designed for various applications, ensuring accessibility for both large commercial clients and smaller projects. Pricing is typically negotiated based on order volume and specific project requirements, allowing the company to adapt its offerings to various market demands.Following its acquisition by Acuity Brands, Adura Technologies is positioned to leverage new product development strategies aimed at enhancing its lighting control solutions. The latest funding from January 2013 will support these initiatives, including potential expansion into new geographic markets. Specific plans involve increasing presence in sectors heavily reliant on energy efficiency, targeting regions within North America and Europe over the next few years, reflecting the company's commitment to innovation and market growth.

## Funding rounds

- Series B, Feb 10, 2012, $7.7M — NGEN Partners, VantagePoint Capital, Claremont Creek Ventures
- Series A, Feb 23, 2010, $12M — NGEN Partners, VantagePoint Capital, Claremont Creek Ventures
- Series A, Oct 16, 2008, $5M — VantagePoint Capital, Claremont Creek Ventures

## Investors

- VantagePoint Capital (https://capitalatlas.ai/funds/vantagepoint-capital) — Series A, Series B
- Claremont Creek Ventures (https://capitalatlas.ai/funds/claremont-creek-ventures) — Series A, Series B
- NGEN Partners (https://capitalatlas.ai/funds/ngen-partners) — Series A, Series B