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Illumitex Secures Funding, Hires CEO

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LED maker Illumitex Inc. of Austin, Texas, has secured an additional $9.3 million in funding to develop its lighting fixture product lines and to provide ongoing support for the development of proprietary precision beam packaged LEDs. Investors participating in the funding round include NEA, Morgan Creek Capital, Mousse Partners, Apex Venture Partners, DFJ Mercury and Syngenta Ventures. Illumitex also has hired Chris Hammelef as chief executive officer. He is the former vice president and general manager of outdoor lighting company Hadco Group, a division of Philips. Illumitex is now focusing...Read full article

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    Published: June 2012
    AmericasApex Venture PartnersBusinessChris HammelefConsumerDFJ MercuryHadco GroupIllumitex Inc.light emitting diodesLight Sourceslight speedlighting fixturesMorgan Creek CapitalMousse PartnersNEAOpticsoutdoor lightingPhilipsprecision beam packaged LEDsSyngenta VenturesTexasLEDs

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