PointGrab’s Sensing Solution for Smart Buildings Boosted by $7M Strategic Investment from Philips Lighting and ABB

PointGrab today announced a US$7 million strategic investment to support its advanced sensor technology for smart buildings. The investors include new partners – Philips Lighting, the global leader in lighting, Mitsubishi UFJ Capital Co. Ltd (MUCAP), a venture capital arm of MUFG, Japan’s largest financial group, in addition to existing investors ABB Technology Ventures (ATV) and others.

Source: http://www.1888pressrelease.com/pointgrab-s-sensing-solution-for-smart-buildings-boosted-by-pr-603859.html