Photonics Center Incubator and Institute for Technology Entrepreneurship & Commercialization Graduate Receives First Round of Venture Financing

in News
October 18th, 2012

Photonics Center Incubator and Institute for Technology Entrepreneurship & Commercialization graduate receives first round of venture financing.  Cambridge-based ByteLight, which spun out of Boston University, has raised $1.2 million for LED bulbs that transmit indoor location information to mobile phones.  The company has raised funds from individual investors and California-based Vantage Poitn Capital Partners.  ByteLight says it is working with Boston-area stores and museums that will be test sites for the ByteLight bulbs.  To read the full article on this story, click here.