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US energy management company Adura secures funds

25 Apr 2012

US lighting and energy management company Adura Technologies has secured $8.5m through a Series B funding round.

The round was led by existing investors including NGEN Partners, VantagePoint Capital and Claremont Creek Ventures.

In addition, Adura recently completed an installation for the 28 story, 500,000 square foot Kaiser George Center in Oakland, California.

Nat Goldhaber, managing director of Claremont Creek Ventures, said, ‘The smart building controls market represents a huge investment opportunity.

‘Adura’s wireless control technology offers compelling solutions for the challenges control systems must meet to encourage widespread adoption. We’re proud that this has proved the case with our Oakland neighbor, the landmark Kaiser Center.’

Andrea Kirkpatrick, general manager of the Kaiser Center, said, ‘Last year we reduced the building’s overall carbon footprint, earning LEED Gold status in the process.

‘Now, with the help of the Oakland Shines programme and Adura’s wireless lighting control system, we have taken a further step toward establishing Kaiser Center as one of the most energy efficient commercial office buildings in Northern California.’

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