Scottish startup PureLiFi raises $2M to create wireless networks from light bulbs | VentureBeat | Business | by Paul Sawers

Scottish startup PureLiFi has announced a £1.5 million ($2.25 million) funding round — valuing the company at £14 million ($21 million) — as it looks to introduce Internet connectivity via light bulbs around the world.

Founded in 2012, PureLiFi — previously known as PureVLC — is a spin-out from the University of Edinburgh in Scotland’s capital, and is led by Professor Harald Haas. During a TED talk he gave back in 2011, Haas popularized the term “Li-Fi” to describe networked, bi-directional, wireless communication that uses visible light instead of traditional radio frequencies. You can watch that talk here:

http://venturebeat.com/2015/01/19/scottish-startup-purelifi-raises-2m-to-create-wireless-networks-from-light-bulbs/

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