Dust Networks, a start-up based in Berkeley California, raised $22 million in equity funding for its enterprise-class low-power wireless mesh networking systems. Dust Networks’ SmartMesh products provide a way to deploy wireless sensors that collect data about physical environments. The technology is aimed at enterprise-class monitoring and control applications in building automation, industrial monitoring and security markets, including energy monitoring, HVAC systems, machine-health, and perimeter security.
The funding was led by Crescendo Ventures. Cargill Ventures participated in this series B round, along with existing investors Foundation Capital and Institutional Ventures Partners. This new funding, which brings Dust Networks’ total investment to-date to $30 million, comes after a recent product launch and successful customer trials.
Separately, Dust Networks announced that it had been selected by the U.S. Department of Energy (DOE) to participate in an initiative aimed at making America’s commercial and residential buildings more energy efficient. Dust Networks will work with SVA Lighting, USA and Department of Energy’s Lawrence Berkeley National Laboratory to create an advanced lighting system that will enable organizations to implement wireless lighting control strategies without incurring hefty wiring costs.
http://www.dustnetworks.com/
