LED-Based Lamps in Explosion-Proof Lighting Is Expected to Reach US $303 Million by 2022

Illumitex Inc., LED innovator, announced it has concluded its C1 round of funding, strengthening the company's cash position by $16M. The round was led by outside investor WP Global Partners, a strategic partner particularly interested in solidifying and growing Illumitex's position and the world's leading maker of LED grow lights for horticultural applications. Buoyed by the confidence shown by WP Global Partners, existing investors NEA, Morgan Creek Capital, Mousse Partners, Apex Venture Partners, Jimmy Treybig, Larry Abrams, DMWMDW Interests and Syngenta Ventures also participated in the round.