Monday, September 12, 2016

Silver Creek Ventures Gets Exit At Sensity

Dallas-based venture investor Silver Creek Ventures has scored an exit out of its portfolio this morning, after Verizon announced it had acquired Sensity. Sensity is a developer of Internet-of-Things (IoT) networking technology which is tied into energy efficient LED lighting systems and retrofits. Financial terms of thea cquisition were not disclosed. Sensity's other investors include Cisco, Acuity Brands, GE Ventures, Simon Venture Group, Almaz Capital, Mohr Davidow Ventures, and Radar Partners, in addition to Silver Creek Ventures.