{"id":2285,"date":"2016-09-29T15:42:37","date_gmt":"2016-09-29T15:42:37","guid":{"rendered":"http:\/\/www.openbusinesscouncil.org\/?p=2285"},"modified":"2022-05-04T21:38:22","modified_gmt":"2022-05-04T21:38:22","slug":"gooee-receives-us8-million-funding-deal-silicon-valley-bank","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/gooee-receives-us8-million-funding-deal-silicon-valley-bank\/","title":{"rendered":"Gooee receives US$8 million Funding Deal with Silicon Valley Bank\u00a0"},"content":{"rendered":"

\"gooee2\"<\/a><\/p>\n

Gooee, the enterprise Internet of Things (IoT) platform designed for the LED lighting sector, has secured a US$8 million funding deal with the high-tech focused Silicon Valley Bank (SVB).
\nThe financing will be used to support the continued development of the Gooee platform, which is estimated to launch at the beginning of 2017.
\nAs a business, Gooee provides a full suite of hardware and software components that lighting companies can integrate into their own products and connect them to the Gooee Cloud. To date over 30 lighting businesses, including Feilo Sylvania, Aurora Lighting and Gerard Lighting, have signed partnership deals with Gooee.
\nConnecting to the Gooee Cloud enables lighting companies to offer their customers competitive, cloud-based services \u2013 such as Lighting Control, Energy Management, LED Analytics and Beacon Management \u2013 across a multitude of vertical markets and through a scalable, service-oriented business model.<\/p>\n

Simon Coombes, Chief Technology Officer at Gooee, said: \u201cSVB shares the vision that bringing LED lighting into the IoT space will open the next wave of opportunities across the value chain. This funding deal with SVB allows us to finalize preparations for\u00a0Gooee\u2019s ecosystem through to its launch.\u201d<\/p><\/blockquote>\n

Rosh Wijayarathna, Director at SVB\u2019s UK Corporate Banking team added: \u201cWe are delighted to support Gooee in its exciting expansion story. Energy conservation is a very real issue that Gooee is tackling through its smart lighting platform. Gooee connects lighting manufacturers with the Internet of Things and has the potential to disrupt the industry and make smart cities greener and more efficient. We look forward to continuing to partner with Gooee\u2019s management and supporting the ongoing growth of the business.\u201d<\/p>\n

The funding deal builds on an exciting year for Gooee, which in addition to the rapid increase in the number of signed partnerships, won an innovation award at Light + Building 2016 and appointed key advisory board member, Shmuel Silverman.<\/p>\n

About Gooee<\/b><\/p>\n

Gooee<\/a>\u00a0is the world\u2019s first \u2018Full-Stack\u2019 operating platform to connect lighting manufacturers to the IoT. Focused on design, engineering and supply of hardware, software and data management components across the LED lighting value chain, Gooee provides sensing, control and communication components that integrate with an enterprise scale cloud platform. This offers a service-driven, scalable framework for lighting OEMs.<\/span><\/p>\n

About Silicon Valley Bank<\/b><\/p>\n

For more than 30 years,\u00a0Silicon Valley Bank\u00a0(SVB) has helped innovative businesses and their investors move bold ideas forward, fast. SVB provides a range of targeted financial services and expertise through its office in the UK. With commercial and international banking services, SVB helps address the unique needs of innovators. The UK’s leading technology and life science businesses, in all stages of development, look to SVB\u2019s niche expertise, experience and unparalleled network, as they grow at home and tackle new markets abroad. SVB is proud to support the UK Tech Awards and the Megabuyte Quoted Companies Scorecard.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gooee, the enterprise Internet of Things (IoT) platform designed for the LED lighting sector, has secured a US$8 million funding deal with the high-tech focused Silicon Valley Bank (SVB). The financing will be used to support the continued development of the Gooee platform, which is estimated to launch at the beginning of 2017. As a […]<\/p>\n","protected":false},"author":7,"featured_media":2287,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[25,1],"tags":[],"acf":[],"yoast_head":"\nGooee receives US$8 million Funding Deal with Silicon Valley Bank\u00a0 - OpenBusinessCouncil Directory<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.footballthink.com\/gooee-receives-us8-million-funding-deal-silicon-valley-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gooee receives US$8 million Funding Deal with Silicon Valley Bank\u00a0\" \/>\n<meta property=\"og:description\" content=\"Gooee, the enterprise Internet of Things (IoT) platform designed for the LED lighting sector, has secured a US$8 million funding deal with the high-tech focused Silicon Valley Bank (SVB). 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