LED Maker AlbEO Lights Up $1.5M

Moresco, Justin
February 2008
Red Herring;2/21/2008, p1
Trade Publication
The article reports on a $1.5 million first round of financing closed by AlbEO Technologies led by Green Spark Ventures. According to Freedonia, the U.S. market for light emitting diodes (LED) in buildings will increase by 21% annually to $130 million in total sales by 2011. The research firm also forecasts that demand for all advanced lighting products will reach $4.4 billion by 2011.


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