LUMEnergi, a leading provider of network-controlled lighting energy management solutions, today announced it has secured $6.2 Million as an initial closing to an extension of its B-round of financing to support commercial growth and expansion plans. The Company's venture investors participated, including Braemar Energy Ventures, Noventi Ventures and Low Carbon Accelerator. The Company's new funding will support the marketing, sales and product development as expansion capital to reach facility owners and building operators representing a variety of applications with the most diversified lighting control and energy management solution available.

"With the addition of several new senior executives and now, a refreshed round of capital, it has been a busy month for the Company," said Barry Weinbaum, LUMEnergi's President and CEO. "A large part of LUMEnergi's success to date can be attributed to its innovative technology and unique customer value proposition. Our flexible and adaptable system controls lighting energy and optimizes lighting quality in commercial facilities while preserving customers' investments in lighting infrastructure. Confidence in the Company's advantages has been reinforced by our investors and will be used to extend LUMEnergi's lead in networked lighting energy management solutions," added Weinbaum.

LUMEnergi's single, scalable solution addresses the complexity of lighting management prevalent in buildings today. Lighting energy efficiency can be increased by up to 70% through integration with current lighting and customization with usage patterns, workspaces, and daylight harvesting. LUMEnergi's solution can easily be scaled when and where it's needed: from one room, to a whole floor, to an entire building, across multiple buildings and distributed campuses. LUMEnergi's Executive Software further simplifies facility operation by managing any light, many lights or all lights from a single screen, complementing efficiency with fine-tuned control. The LUMEnergi solution also supports a seamless interface between lighting and other critical building systems, such as HVAC, actively sharing fixture and sensor level data and enabling participation in Demand Response applications.

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About LUMEnergi

LUMEnergi is changing the paradigm for energy controls. Our NetLight components are intelligent, flexible and scalable for a cost effective strategy for achieving up to 70% reduction in lighting energy usage targeting commercial and industrial facilities ranging from office towers to a national network of retail stores. LUMEnergi, a privately held, venture-funded company based in Newark, California, is one of Silicon Valley's brightest emerging companies.

About Braemar Energy Ventures

Braemar Energy Ventures is a venture capital fund making early- to mid-stage investments in the energy technology sector. The firm's principals have invested in more than 50 companies in the sector and have significant technical, operational and financial experience in energy and energy-related industries. Through offices in New York and Boston, the firm targets a wide range of energy technologies that impact stationary power, transportation and portable energy applications. Additional information is available at www.braemarenergy.com.

About Noventi Ventures

Noventi Ventures is a Silicon Valley-based, early stage venture capital firm focused on building successful companies through partnerships with entrepreneurs. Noventi leverages the operating experience of its principals, a global network of resources, and a proven record in venture investing to focus on opportunities at the convergence of technology, energy, and the environment. For more information visit www.noventivc.com.

About Low Carbon Accelerator

Low Carbon Accelerator is a closed ended investment company created to invest in a portfolio of fast-growing low carbon businesses. The Company invests principally in companies that provide low carbon products and services. For more information, visit www.lowcarbonaccelerator.com.