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LightwaveRF invests to expand

Posted on 26 Aug 2015. Edited by: John Hunter. Read 4938 times.
LightwaveRF invests to expandLightwaveRF (www.lightwaverf.com) a Birmingham-based technology firm, is looking to raise more than £1.4 million by placing new shares on the London Stock Exchange.

The business is behind the LightwaveRF Smart Home Platform, which allows home and business owners to control lighting, power, heating and security using smart-phones, tablets or PCs.

Chief executive Mike Lord said: “We now have a broad range of proven products in the market giving us a unique position in the Connected Home market.

“We will continue to invest in product development, but now is the time to push more aggressively on sales and marketing to drive growth.”