# ByteLight

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bytelight

- Industry: Business Support Services
- Headquarters: Cambridge, US
- Website: www.bytelight.com
- Total disclosed funding: $4.3M
- Latest round: Series A (Oct 25, 2013)
- Investors on record: 5

## About

ByteLight focuses on innovative lighting solutions that harness advanced technologies to improve operational efficiency in various sectors, notably through smart building systems and intelligent lighting developments.ByteLight is dedicated to providing intelligent lighting solutions that integrate with building management systems to optimize energy usage and enhance user experience. The company was acquired by Acuity Brands in April 2015 for undisclosed financial terms. It is headquartered in Cambridge, US. ByteLight has had three notable deals, with its latest funding round being a Series A totaling USD 3.000 mn, raised from investors including Flywheel Ventures and Motorola Solutions Venture Capital.ByteLight offers advanced lighting solutions and intelligent building technologies through its Acuity Intelligent Spaces division. Their smart lighting systems cater to sectors such as commercial real estate, retail, education, and healthcare, focusing on improving energy efficiency and user comfort while addressing safety concerns.ByteLight generates revenue primarily from B2B sales of its smart lighting systems and building management solutions to commercial and public-sector clients. Their business model includes direct sales, subscription services for ongoing software solutions, and partnerships for product distribution, ensuring long-term contracts and recurring revenues from service agreements and software updates.ByteLight plans to leverage the recent funding from its Series A round to further develop new products and expand its market presence. The company aims to introduce innovative solutions designed to enhance energy efficiency in smart buildings. ByteLight is targeting expansion into new geographic markets in North America and Europe by 2025, utilizing their advanced technologies to penetrate these regions and strengthen their client bases.

## Funding rounds

- Series A, Oct 25, 2013, $3M — Flywheel Ventures, Motorola Solutions Venture Capital, eCoast Angel, Sand Hill Angels
- Seed, Oct 16, 2012, $1.3M — VantagePoint Capital

## Investors

- VantagePoint Capital (https://capitalatlas.ai/funds/vantagepoint-capital) — Seed
- Flywheel Ventures (https://capitalatlas.ai/funds/flywheel-ventures) — Series A
- Motorola Solutions Venture Capital (https://capitalatlas.ai/funds/motorola-solutions-venture-capital) — Series A
- eCoast Angel — Series A
- Sand Hill Angels (https://capitalatlas.ai/funds/sand-hill-angels) — Series A