Digital Lumens

Boston, United States Founded: 2008 • Age: 18 yrs Acquired By Osram
Intelligent LED based lighting solutions
Annual revenue - Latest available
Total funding $54.3M 5 rounds
Employees 50 Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About Digital Lumens

Digital Lumens is a company based in Boston (United States) founded in 2008 was acquired by Osram in August 2017. Digital Lumens has raised $54.3 million across 5 funding rounds from investors including Goldman Sachs, Osram and Aster. The company has 50 employees as of December 31, 2021. Digital Lumens offers products and services including SiteWorx Software and Related Hardware. Digital Lumens operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.

  • Headquarter Boston, United States
  • Employees 50 as on 31 Dec, 2021
  • Sectors
    Business Services
    Energy & Utilities Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Digital Lumens Inc.
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $54.3 M (USD)

    in 5 rounds

  • Latest Funding Round
    $23 M (USD), Series C

    Oct 30, 2014

  • Investors
  • Employee Count
    50

    as on Dec 31, 2021

  • Acquired by
    Osram

    (Aug 23, 2017)

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Products & Services of Digital Lumens

Digital Lumens offers a comprehensive portfolio of products and services, including SiteWorx Software and Related Hardware.

Product name locked
Category locked
Primary

Software for managing lighting and monitoring resources globally

Product name locked
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Hardware supporting lighting management systems and services

People of Digital Lumens

Headcount 10000+
Employee Profiles 363
Employee Profiles
People
Dr. Alexander Martin
Senior Director System Solution Engineering
People
Bengt Martinsson
Global Key Account Manager
People
Jodie Metsos
Senior Distribution Account Manager
People
James Faulhaber
Plant Manager

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Funding Insights of Digital Lumens

Digital Lumens has successfully raised a total of $54.3M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $23 million completed in October 2014. 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.

Investors in Digital Lumens

Digital Lumens has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, Osram and Aster.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage tech startups are funded by Flybridge Capital Partners.
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Black Coral Capital is focused on cleantech market investments.
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Aster is engaged in venture capital for deep tech and climate solutions.
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Investor details for Digital Lumens

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Investments & Acquisitions by Digital Lumens

Investments
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Investment portfolio details for Digital Lumens

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Financial Statements - Digital Lumens

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Detailed financials for Digital Lumens

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Digital Lumens Comparisons

Digital Lumens Primary company
Description
Intelligent LED based lighting solutions
Location
Boston, United States
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
50
As of 2021
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Peer comparison for Digital Lumens

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Competitors of Digital Lumens

Digital Lumens 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, Signify, Landis+Gyr and Span.IO, among others.

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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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Detailed competitors of Digital Lumens

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Latest news on Digital Lumens

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Complete news archive for Digital Lumens

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Frequently Asked Questions about Digital Lumens

Digital Lumens was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Digital Lumens is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Digital Lumens is a funded company, having raised a total of $54.3M across 5 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Digital Lumens is 50.

Digital Lumens was founded in 2008 in Boston, United States, and operates in the industrial LED lighting sector. High-efficiency LED fixtures, including high bay models with occupancy and daylight sensing, power metering, and onboard intelligence, are provided. Cloud-based Lightrules software enables control, analytics, scheduling, and integration across fixtures. Digital Light Agents are also offered to ensure compatibility with the management platform.

Digital Lumens's top competitors include ecobee, Particle and Landis+Gyr.

Digital Lumens offers SiteWorx Software and Related Hardware.

Digital Lumens has 6 investors. Key investors include Goldman Sachs, Osram, Aster, Flybridge Capital Partners, and Black Coral Capital.

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