April 24, 2014 12:49 PM ET

Electrical Equipment

Company Overview of Lunera Lighting, Inc.

Company Overview

Lunera Lighting, Inc. designs, assembles, and markets commercial light emitting diode (LED) fixtures and lamps. The company offers lamps, troffers, and power distribution control unit. It caters to building owners, operators, and occupants. Lunera Lighting, Inc. was founded in 2007 and is headquartered in Anaheim, California with an additional sales and marketing office in Santa Clara, California.

4935 East Hunter Avenue

Anaheim, CA 92807

United States

Founded in 2007

Phone:

650-241-3875

Fax:

650-362-1987

Key Executives for Lunera Lighting, Inc.

Chief Executive Officer
Director of Finance
Vice President of Product Development
Director of Marketing
Vice President of Sales and Marketing
Compensation as of Fiscal Year 2013.

Lunera Lighting, Inc. Key Developments

Lunera Lighting Raises $5 Million Debt Financing from Opus Bank; Creates New BallastLED Market Segment

Lunera Lighting, Inc. announced that they are launching their BallastLED(TM) technology and have raised $5 million from Opus Bank to accelerate its adoption in the commercial general lighting market. BallastLED technology makes it easy and affordable to convert an existing lighting infrastructure to LED by enabling true plug-and-play LED replacement bulbs for ballast driven lighting applications. Benefits of BallastLED: Funding from Opus Bank, supports the company's initiative to create a new market segment of LED bulbs that operate directly off of existing fluorescent and HID ballasts; making the transition to LED as simple as changing a light bulb. Innovative electronics integrated into Lunera's BallastLED bulbs allow them to plug directly into ballast driven fixtures, avoiding the expense and disruption of having to replace or modify an existing light fixture in order to capture the benefits of LED technology.

Lunera Lighting, Inc. and Lutron Electronics Co., Inc. Collaborate to Offer Fully Integrated, EcoSystem Enabled, LED Fixtures

Lunera Lighting, Inc. and Lutron Electronics Co., Inc. announced an agreement to offer embedded Lutron EcoSystem controls in Lunera's commercial interior general lighting fixture portfolio. The collaboration will yield greater benefits for customers, including lowered installation costs, simplified commissioning, guaranteed compatibility, increased energy savings, and even greater control for occupant comfort. With a fully integrated control system which includes wireless connectivity for occupancy sensing, day-lighting, and continuous dimming to 1%, property owners and facility managers will have access to a complete solution for effectively managing the lighting infrastructure in their commercial buildings.

Lunera Lighting, Inc. Announces Expansion of Manufacturing and Design Capability

Lunera Lighting, Inc. announced its expansion to a new manufacturing and design facility in Anaheim, California. The facility, in addition to Lunera's headquarters in Redwood City, will play a central role in the company's ambition to continuously innovate on its technology and designs, ushering in a LED transformation in the lighting space. The company's new facility will enable greater control over its supply chain and fixture design, accelerating the innovation cycle to offer only the latest, most advanced lighting systems for their customers. The facility expansion is part of Lunera's integrated approach to LED fixture design, applying expert knowledge from the building/construction, lighting and semiconductor industries. Lunera's unique approach to LED technology blends art and science, partnering with chip manufacturers, and engineering the quality fixtures to derive the efficiency out of the light fixture and its technology. In doing so, Lunera's efficient LED lighting systems significantly lower operating costs for building owners by reducing energy consumption by more than 50%, reducing carbon footprints and contributing less hazardous waste. Additional facility highlights: The new facility will be located at 4935 E. Hunter Drive in Anaheim, CA; the 26,328 square foot space will house a design lab, with 15-20 designers/engineers once fully operational; the facility will manufacture the following Lunera products: SERIES L7- linear LED luminaires for suspended applications; SERIES 22- recessed LED troffer and surface mountable fixture; and custom retail products.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
April 29, 2013
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