Sunnyvale, Calif. – February 15, 2018 – Enlighted, the leading provider of Internet of Things (IoT) solutions for commercial buildings, was recognized in the inaugural Efficient Fifty Private Companies List from JMP Securities, honoring innovative companies in the industrial and energy technology industries.
“One objective we had in establishing the Efficient Fifty list was to identify emerging companies that help buildings to function more effectively,” said Joseph Osha, managing director and senior research analyst at JMP Securities. “Enlighted’s sensor and network technologies clearly address that challenge by gathering multiple streams of data and providing building managers with analysis and actionable insights. Its benefits are made accessible through the company’s GEO™ program – a unique funding solution that eliminates upfront costs.”
The Enlighted System is a sensory system for commercial buildings, with sophisticated IoTsmart sensors strategically installed in every ambient light fixture. Granular data is collected 65 times/second to detect environmental and occupancy changes and take action on lighting and HVAC needs in real-time, as well as help companies better optimize their space usage. Installed in more than 175 million square feet of space, the advanced IoT system has demonstrated reduced energy costs by an average of 88 percent.
Enlighted’s GEO™ Program is a financing solution that eliminates up-front costs by allowing customers to pay for the system entirely from the lighting and HVAC energy savings. “What truly differentiates GEO™ from lighting as a service models is following our agreed-upon term, enterprises reap 100 percent of the energy savings and own an advanced IoT platform,” said Joe Costello, CEO at Enlighted. “While extremely important and beneficial to the environment and a company’s sustainability efforts, the energy savings is the gateway to funding advanced data and intelligence capabilities that turn smart buildings into Brillant Buildings™. Companies can now make informed business decisions that positively impact their business operations and enhance building occupant experiences.”
JMP evaluated more than 250 companies in pursuit of identifying the top companies with cutting-edge technologies that help customers become smarter and more efficient. Companies were identified in the following four categories: Intelligent Infrastructure, Intelligent Industry, Smart Assets and Energy Storage.
Designed to change everything, Enlighted provides the world's most advanced digital sensor and analytics platform for smarter buildings to Fortune 500 companies around the globe. Enlighted was founded in 2009 and has received venture funding from Draper Nexus Ventures, Kleiner Perkins Caufield & Byers, RockPort Capital Partners, Draper Fisher Jurvetson and Intel Capital. The company is headquartered in Sunnyvale, CA. For more information about Enlighted products, visit enlightedinc.com.
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