Solais LED Lighting
Following is an excerpt from this piece. To read the complete original article, please click here:Solais Lighting Raises $2.3 Million
Solais Lighting, Inc., the leading manufacturer of specification-grade, high-output LED lamps, announced today the close of its Series A investment, totaling more than $2.3 million. The investment round was led by Tim Davis, managing director of FreshTracks Capital, and Will Cowen, managing partner of Long River Ventures, who both joined the Solais board of directors. In addition, eight angel investors participated in the round.
“We see may funding opportunities in lighting and technology at FreshTracks, but Solais Lighting stands out as a smart solution with a proven team,” said Davis.
“At a time when venture-capital funding for start-ups is historically low, I am grateful to have both the advisory and financial support of such high-caliber institutions and angel investors,” said James Leahy, president of Solais Lighting.