Wednesday, November 17, 2010

Metrolight lands $3M in funding, names CEO - Nashville Business Journal:

http://www.elearning-source.com/62/5
a leader in energy efficient lighting has named a new CEO and landedc a new round ofventure funding. The compangy has raised another $3 million in fundinhg from Metrolight major shareholders including VirginGreehn Funds, Gemini Israel Funds, Israel Cleantech Venturesw and other investors founders and privated angels, including Randy Reid of who founded the U.S. office of Metrolight in 2002. the Franklin-based company raised $9 millionj boost in venture capital fromVirgin inlate 2007. Zvi the company's new CEO, has almost 20 years of international experience managing companies in the semiconducto industry through senior positionsat , and .
"The appointmen of Zvi Segal is the next logicalk step in building a worldwidwe leader in energyefficient lighting," says Yoav Leeran, Metrolight's chairman. Foundeed in 1996, Metrolight provides energy efficient lighting solutionxsto commercial, industrial and municipal customers in more than 15 Metrolight’s High Intensity Discharge eBallast reducesz up to 60 percent of energy consumedr and doubles the life of a lamp, the compang says.

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