Sales of smart building technologies almost could triple to $17.4 billion between 2014 and 2019. That’s driving a flood of investment from corporations and venture capitalists alike.
>” […] As of this week, you can add cloud software company Lucid to the list of energy-efficiency startups — particularly those that monitor building power consumption for lighting and climate-control systems — attracting substantial cash infusions this year.
Among those contributing to the $14.2 million Series B round disclosed by Lucid this week: GE Ventures, Autodesk, Formation 8 and Zetta Venture Partners.
Lucid plans to use the new funds for enhancements to BuildingOS, a cloud service that analyzes data from more than 160 hardware and software building technologies.
“Lucid’s technology is rapidly connecting many disparate building systems together, making the vision of truly connected buildings and real-time management possible,” said Ben Sampson, an associate with GE Ventures.
Its reference accounts include…
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