Bright Innovations
Formerly Bright LED
Comprehensive Platform for Smart City Applications
Startup Acquired Automotive & Mobility Technologies Est. 2009 Acquired
Total Raised
$2.2M
Acquired
Last Round
$1.2M
3 rounds
Investors
3
3 public
Team
1
11-50 employees
Confidence
94/100
News
5
articles
Patents
1
About
Bright Innovations develops information and communication technologies designed to support the smart city vision of a smart and shared environment for people, vehicles, and devices inhabiting the urban environment. The company achieves its goal primarily through its Coral Reef solution, an open smart city platform divided into three parts. The first part entails the Coral Reef engine units (or nodes), which are embedded into or attached to street lights and have advanced communications and processing capabilities. The second part of the system is the Bright Innovations app store, a cloud-based data center where third-party applications can utilize onboard hardware to provide smart cities with a multitude of applications and solutions. Collection and analysis in cloud-based data repositories enables big data and artificial intelligence (AI) capabilities. The third part of the Bright Innovations platform is a gateway for application developers and users that provides advanced control and monitoring features.
Classification
Sector
Automotive & Mobility TechnologiesUrban Mobility
Core Technology
Platforms & InterfacesData StorageCloud
Target Customer
Government & CityMunicipalities
Business Model
B2BB2G
Tags
energy-efficiencyledlightingenergysmart-citytrafficmunicipalitiescommercial-sitescommunicationssmart-mobilityoptronicsiotbig-data
Funding & Events
Nov 2011
Seed $500K
IEC
Feb 2021
Exit Undisclosed
Feb 2018
Undisclosed Round $1.2M
Mayfair 101
Feb 2009
Seed $500K
hiCenter Ventures
News (5)
Sep 2, 2020 · www.news1.news
https://www.news1.news/en/2020/09/galileo-tech-will-merge-with-bright-innovations.html
Bright Innovations leading the way with smart city technology and support of Mayfair 101
Mar 2, 2018 · stockhead.com.au
growth-positive
Smart Cities play Bright Innovations aims for $8m IPO second time around - Stockhead
Public TradingPartnersExpand
Feb 8, 2018 · www.afr.com
growth-positive
IPO hopeful Bright Innovations nabs heavyweight backer
InvestmentPublic Trading
Jan 29, 2018 · www.calcalistech.com
growth-positive
Israeli Tech Is Flying High Down Under
InvestmentPublic Trading
Details
Product Stage
Released
Employees
11-50
Exact Count
14
District
North District
Founded
2009
Registrar
514291236
Crunchbase
bright-innovations
Locations
Sha'ar Palmer Street 2, Haifa, Israel
510 5th Ave, New York, NY, USA
123 Hexiang Road, Wujin, Changzhou, Jiangsu, China
101 Collins Street, Melbourne Victoria 3000, Australia
Links
LinkedIn
Admin
Last Update
Nov 5, 2024
Verified by
Yamila Silbert
Claimed
Yes
Missing
homepage, markets
Team (1)
Rami Mirsky
Founder & CEO
Founder