Deako Lighting today announces the completion of its Series-B financing round, raising an additional $12.5MM in growth capital funding. Deako plug-n-play light switches, contracted to be installed into 1 out of every 8 new single-family homes built in the U.S., are rapidly becoming adopted by home builders as an industry-standard in new home construction. To date, the company has raised $36MM in total funding.

Deako invented the plug-n-play light switch that is rapidly becoming an industry-standard in new home construction. Deako plug-n-play light switches can be changed within seconds by anyone. Deako makes both simple and smart plug-n-play switches and offers a wide variety of personalized options for homebuyers looking to add dimmers, smart switches; or create a whole-home smart lighting experience. Deako has been named the #1 Smart Lighting Control System by TecHome Builder, Top 25 Innovative IoT Companies by Entrepreneur Magazine, Top 50 most promising Startups by Bloomberg Business News, and touted as "Changing the Way Builders Spec Light Switches," by Builder Magazine.