The Internet of Things and energy

In the cleantech and utility worlds, it’s called “the smart grid” and “energy efficiency.” In the broader tech realm, it’s called the “Internet of Things.” Let’s bring these two ideas together, because the Internet of Things will play a crucial role in making systems more efficient.

Mitsui Backs Redwood Systems’ Smart Lighting

Mitsui sees the promise of networked, smart, LED lighting. This morning, Redwood Systems announced it has raised $3.5 million from Mitsui’s investment arm. Investment Partner Shin Kodera called the funding “a testament to the impact we believe Redwood’s technology will have on the global business landscape.”