Nuventix, developer of SynJet® thermal management solutions, announced the closing of a $10 million round of investment. All existing investors, including Braemar Energy Ventures, CenterPoint Ventures, InterWest Partners, Rho Ventures, The Bergquist Company, and GE contributed to the round of funding. The funds will be used to support global expansion, and advancement of next generation SynJet cooling for LED lighting and electronics.
The company points out that SynJet technology is quiet, flexible and allows designers and manufacturers to build energy efficient lighting solutions without thermal constraints. Nuventix claims that its SynJet technology also ensures LED light engines run brighter and longer, up to 100,000 hours, providing longer-lasting and more cost-efficient lamps and fixtures. According to Nuventix, the same efficiencies provided to LED light engines can also be realized by embedded computing electronics, from server rooms to processors and beyond.
“Nuventix has customers in over 50 countries. This funding will power both our continued global expansion and technology growth as we continue to advance SynJet technology for use in LED lighting and electronics cooling,“ said Jim Balthazar, CEO and president of Nuventix.