Mike Majors, an investment partner at Siemens Venture Capital, has joined the Encelium's board as part of its $11m round.
Siemens Venture Capital (SVC), the corporate venturing unit of Germany-based industrial group Siemens, has led the $11m round for Encelium Technologies, a US-based maker of lighting control systems for commercial buildings.
Mike Majors, an investment partner at SVC, has joined the Encelium’s board.
Ralf Schnell, chief executive of SVC, said: "Lighting control is a market poised for growth due to increasing energy prices and regulation."
Since Encelium’s launch in 2001, its Energy Control System has been installed in more…
