Sensity Systems, a startup which makes sensor modules embedded in lights - Light Sensory Networks (LSNs) - has raised a fresh $36 million fund led by Cisco Investments, GE Energy and others. Sensity will use the new funding to expand its cloud-based NetSense LSN platform and IoT applications ecosystem to enable development of value-added applications that allow customers to optimize operations, enhance security, and reduce energy usage by leveraging data and analytics generated by the industrial Internet-of-Things. The latest funding will also be used to support rapidly growing sales with Sensity Sytems' partners for LSN installations worldwide.
Sensity claims to be the first company to assemble all the relevant technology expertise, process integration know-how and partnerships required to build the LSN. LSN leverages lighting infrastructure by embedding sensors, wireless connectivity, and data analytics into luminaires to collect and transmit data and enable cloud-based applications and services for smart city, smart parking, retail services, security and public safety, environmental monitoring and other initiatives.
Hugh Martin, chairman and CEO of Sensity
This strategic investment—from worldwide leaders in the Internet of Everything (IoE), LED lighting and retail—further validates Sensity’s LSN as the premier technology for delivering real world applications and data on a global scale. The true role of technology is to better the lives of people on our planet. In order to effect change for people on a broad scale, you must have a way to measure what is occurring in the physical world and analyze it in real-time.
