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CIMCON Lighting is the worlds leading provider of software powered lighting controllers and Internet of Things (IoT) enabled Smart City lighting management solution. The company helps cities run smarter while reducing energy and maintenance costs. The companys solution has been implemented in over 50 cities in 16 countries. The company uses LED lighting to create a wireless sensor network and platform enabling cities to implement a variety of Smart City applications to manage outdoor lighting, monitor air quality, meter electric vehicle chargers, improve public safety and security, optimize parking, traffic and waste management to improve the quality of life for city residents. There are over 315 million street lights worldwide and 42% of the street lights will be networked to make them smart over the course of the next decade. Global Internet of Things (IoT) investment in the street light market will cumulatively reach $69.5 billion over the next decade, according to a new study published by the Northeast Group.
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At first glance betaworks seems to be a loose organization of people that do many things -- but in reality we are building products that when combined together form a strong network, and eventually a media company for this century. We believe we’re better at what we do — building and operating companies — because of the open ecosystem of builders around us. Our investment portfolio includes Tumblr, Twitter, Kickstarter, as well as up-and-comers like RapGenius, Grand St., Branch and IFTTT. To us, seed investing means ""first money in"" -- so our typical investment size is $100,000-200,000. We usually invest as part of a syndicate of angels and early-stage VCs. Our requirements from an investment perspective are simple, though narrow. Investments must be early-stage, heavily tech-focused, and have a working (public or private) prototype. We are a powerpoint-free zone.