Lighting Startup Adura Expands

By San Francisco Business Times

San Francisco-based Adura Technologies has outgrown its two San Francisco locations and moved into a new space.

The company, which makes wireless lighting and energy management control systems for commercial office buildings moved into 15,000 square feet of space at 22 Fourth St., the company said. Previously, it was taking up two offices at 101 Second Street and 28 Second Street.

Adura got its start when its founders won the 2006 California Cleantech Open business plan competition, winning startup cash and other resources to get the company going.

It's on its second phase of its lighting control technology and has grown to 35 employees. Andy Wheeler, chief technology officer and the company's acting CEO, said the company grew revenues four-fold in 2010. It's raised $17 million in venture capital.

Adura hired Jack Bolick as CEO in 2009 but he abruptly left the company at the end of last year. It's searching for a new CEO.

Copyright 2011 American City Business Journals

http://www.bizjournals.com/sanfrancisco/news/2011/01/19/lighting-startup-adura-expands.html?ana=thestreet

Copyright bizjournals.com 2010

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