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ACQUIRED COMPANY
 
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Sensity Systems  (Stock symbol: PYPL ) Acquired by Verizon (2016  amount undisclosed )

480 Oakmead Parkway
Sunnyvale, CA 94085
USA
(408) 841-4200
Website Company Summary Management Team
Management

President/COO/Operations: Dan Morgan
General Management: John Hejtmanek (8/31/2015)
Finance: Phil Rehkemper (7/14/2014)
Technology: Geoff Arnold (11/30/2015) ; Tahir Khan
Business Development: Sean Harrington
Board

Outside board: (May no longer be on the board) Kevin Compton (Radar Partners co-Founder) Jon Feiber (Mohr, Davidow Ventures Managing Partner) Mark Masur (Silver Creek Ventures General Partner) Bernie Erickson (Facilities Solutions Group Division Manager)
Company

Business description: Sensity® Systems uses energy-efficient LED lighting as the foundation for its IoT platform for Smart Cities. The company enables light owners to capitalize on the LED conversion process by embedding networking technology within both retrofit and new LED luminaires. With the Sensity open, privacy-by-design, multiservice NetSense™ platform, lighting owners are able to reduce energy costs and implement a variety of Smart City applications and services, including public safety, environmental and weather monitoring, parking management and location analytics.
Partners include: Acuity Brands Cisco SystemseMotion GenentechPanasonicQualcommSprint ;  Amerlux ;  LED Roadway Lighting;  NFF;  Presidio;  Republic of El Salvador Partners ;  WAGIC
Capital

Rounds: 3
Recent Fundings: Jul 2015   Nov 2014
Capital raised: 74.0M
Last Round: 36.0M
Ownership: Acquired by Verizon (2016  amount undisclosed ) Ipo Filing
Stock Symbol: PYPL
VCs include: Simon Venture Group Focus Opportunity Fund
Corporate investors: Acuity Brands GE Ventures ;  Cisco Investments

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Overview
Record updated: Sep 2016
Sector: Clean Technology
Headcount: 26-50 as of Jan 2019
Rounds: 3
Recent Fundings: Jul 2015   Nov 2014
Capital Raised: 74.0M
Last Round: 36.0M
Ownership: Acquired by Verizon (2016  amount undisclosed ) Ipo Filing
Stock Symbol: PYPL