About CIMCON Lighting
CIMCON Lighting is a company based in Westford (United States) founded in 1988 was acquired by Quantela in August 2021.. CIMCON Lighting has raised $39.27 million across 4 funding rounds from investors including Quantela, Digital Alpha Advisors and Energy Impact Partners. The company has 13 employees as of December 31, 2022. CIMCON Lighting offers products and services including Quantela Platform, Citizen Mobile App, Asset Management, and Location Insights. CIMCON Lighting operates in a competitive market with competitors including Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, among others.
- Headquarter Westford, United States
- Employees 13 as on 31 Dec, 2022
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Sectors
Business ServicesEnergy & Utilities Technology
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Phone
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Website
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Social
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- Legal Name Cimcon Lighting, Inc.
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Products & Services of CIMCON Lighting
CIMCON Lighting offers a comprehensive portfolio of products and services, including Quantela Platform, Citizen Mobile App, Asset Management, and Location Insights. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Integrates data for actionable insights in smart infrastructure solutions.
Enables citizen services and real-time incident reporting in cities.
Manages and optimizes assets for improved operational efficiency.
Provides data-driven location-based intelligence for various sectors.
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Funding Insights of CIMCON Lighting
CIMCON Lighting has successfully raised a total of $39.27M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in August 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $10.0M
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First Round
First Round
(11 Jun 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Series C - CIMCON Lighting | Valuation | Digital Alpha Advisors | |
| Aug, 2019 | Amount | Debt – Conventional - CIMCON Lighting | Valuation |
investors |
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| May, 2017 | Amount | Series B - CIMCON Lighting | Valuation | Energy Impact Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CIMCON Lighting
CIMCON Lighting has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Quantela, Digital Alpha Advisors and Energy Impact Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on growth-stage startups
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Founded Year | Domain | Location | |
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Operates a private fund specializing in infrastructure industry investments.
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Founded Year | Domain | Location | |
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AI and cloud-based platforms are provided for urban infrastructure digitization.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CIMCON Lighting
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CIMCON Lighting
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cimcon Lighting Comparisons
Competitors of CIMCON Lighting
CIMCON Lighting operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cimcon Lighting
Frequently Asked Questions about CIMCON Lighting
When was CIMCON Lighting founded?
CIMCON Lighting was founded in 1988 and raised its 1st funding round 27 years after it was founded.
Where is CIMCON Lighting located?
CIMCON Lighting is headquartered in Westford, United States. It is registered at Westford, Massachusetts, United States.
Is CIMCON Lighting a funded company?
CIMCON Lighting is a funded company, having raised a total of $39.27M across 4 funding rounds to date. The company's 1st funding round was a Series B of $15M, raised on Jun 11, 2015.
How many employees does CIMCON Lighting have?
As of Dec 31, 2022, the latest employee count at CIMCON Lighting is 13.
What does CIMCON Lighting do?
CIMCON Lighting was founded in 1988 and is headquartered in Westford, United States. Operations focus on the smart city sector, where AI and IoT technologies are integrated into street lighting systems. Centralized management platforms are offered to lower energy consumption and maintenance expenses. Intelligent wireless controllers equipped with GPS for remote monitoring, dimming, metering, and sensor integration are supplied, complemented by web-based software for oversight and control of lighting fixtures.
Who are the top competitors of CIMCON Lighting?
CIMCON Lighting's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does CIMCON Lighting offer?
CIMCON Lighting offers Quantela Platform, Citizen Mobile App, Asset Management, and Location Insights.
Who are CIMCON Lighting's investors?
CIMCON Lighting has 3 investors. Key investors include Quantela, Digital Alpha Advisors, and Energy Impact Partners.