10 Hot Internet of Things Startups

As Internet connectivity gets embedded into every aspect of our lives, investors, entrepreneurs and engineers are rushing to cash in. Here are 10 hot startups that are poised to shape the future of the Internet of Things (IoT).

1 2 3 4 5 6 7 8 9 10 Page 3
Page 3 of 10

3. Enlighted


What they do: Provide a smart lighting system.

Headquarters: Sunnyvale, Calif.

CEO: Tushar Dave, who was previously the co-founder/managing director of Newpath Ventures, as well as the vice president of business development at Broadcom.

Founded: 2009

Funding: Enlighted's most recent funding, a $20 million Series C round, closed in 2013. RockPort Capital Partners led the investment round and was joined by Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers and Intel Capital. This brings total funding to date to approximately $36 million.

Why they're on this list: Lighting is an immense cost to building operators, as well as a large factor for employee comfort.

"Lighting consumes 25-40 percent of commercial office building electricity and is a major factor in worker comfort and productivity, yet more than ninety percent of existing buildings have little more than a wall switch," said CEO Tushar Dave. "When asked, facility managers tend to identify cost and complexity as the key reasons why they have allowed such waste in their facilities."

Enlighted has created "people-smart sensors" that gather real-time environmental data and analytics at each light fixture within a building, while networking those sensors in a way that delivers even more value to building owners/operators.

Enlighted takes a slightly different tack to the smart lighting challenge than many of its competitors. The key differentiator of Enlighted's product suite is the fact that it centers a lot of its control intelligence in the "Enlighted Sensor" devices, which attach to new or existing LED, fluorescent, CFL, or HID light fixtures.

Unlike a typical wireless lighting network node, which tends to connect directly to lighting drivers (for LEDs) or ballasts (for fluorescent or HID lights), Enlighted's sensors not only control lights, but also monitor light levels, temperature, occupancy and power consumption for the 100 square feet of floor space directly beneath each of them.

That means that each sensor both knows not only what its individual light is doing, but also what it should be doing. In other words, instead of relying on the vagaries of wireless networking architecture to carry data back to a central control platform, come up with preferred control options, and then send those commands back to light fixtures, Enlighted's nodes can handle most tasks on their own.

In addition to creating innovative lighting sensors, Enlighted is also creating new IoT products within their Enlighted Labs, a testing ground for product ideas. One such product is the Occupancy Sensing App, currently being used at the Enlighted headquarters for potential larger-scale launch. The app detects heat and movement within conference rooms, so that employees can easily look on an app to see which conference rooms are occupied. This cuts down time employees constantly spend circling an office building looking for a space to hold a meeting.

Enlighted is also working on using its sensor data for other things, like integrating their data with building HVAC systems to fine-tune heating and cooling, or to respond to utility demand response calls to shed power use when the grid is under stress.

Customers: LinkedIn, the City of San Jose, Interface Global, Menlo Business Park and Agilent Technology.

Competitive Landscape: Enlighted will compete with Lutron, Watt Stopper, Redwood Systems, Daintree, Adura and Digital Lumens, among others.

1 2 3 4 5 6 7 8 9 10 Page 3
Page 3 of 10
IT Salary Survey: The results are in