Large-scale dimmer switch company gets $9 million | CNET News.com - 0 views
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davidchapman on 16 Aug 07Metrolight, which has just received $9 million in a third round of funding from Gemini Israel Funds and Richard Branson's Virgin Fuels, has been riding a surge of demand for its high-frequency electronic ballast, a device for controlling high-intensity discharge (HID) lights--those bright lights used for illuminating department stores, large interior spaces and freeways. The system effectively provides the same amount of light as more traditional magnetic or electromagnetic systems, but requires less overall power, the company says. Additionally, the HID lights can be dimmed when no one is present or, if the light fixture is connected to the Internet, dimmed by a utility to prevent a brown-out. Some customers have seen their electric lighting and maintenance bills drop by around 50 percent, according to Metrolight.
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davidchapman on 16 Aug 07Metrolight, which has just received $9 million in a third round of funding from Gemini Israel Funds and Richard Branson's Virgin Fuels, has been riding a surge of demand for its high-frequency electronic ballast, a device for controlling high-intensity discharge (HID) lights--those bright lights used for illuminating department stores, large interior spaces and freeways. The system effectively provides the same amount of light as more traditional magnetic or electromagnetic systems, but requires less overall power, the company says. Additionally, the HID lights can be dimmed when no one is present or, if the light fixture is connected to the Internet, dimmed by a utility to prevent a brown-out. Some customers have seen their electric lighting and maintenance bills drop by around 50 percent, according to Metrolight.