Aircuity Receives $5 Million Financing

WALTHAM, MA — Aircuity Inc., a leading manufacturer of integrated sensing and control solutions that cost-effectively reduce building energy and operating expenses while improving indoor environmental quality, has received $5 million in equity and debt financing led by IDP Investments and Blue Hill Investment Partners. Morse, Barnes-Brown & Pendleton serves as regular counsel to Aircuity, and advised it in connection with the structuring, negotiation and documentation of this transaction. Carl Barnes was the lead attorney for this transaction.

Aircuity is based in Newton, Massachusetts. Its flagship product, OptiNet, is suitable for a broad range of commercial building applications where energy savings and enhanced indoor environmental quality are important, including offices, laboratories, hospitals, educational institutions, museums, convention centers and sports arenas.

Morse, Barnes-Brown Pendleton, PC, focuses exclusively on the core legal services that businesses need to succeed. The law firm assists businesses of all sizes — from start-ups to Fortune 1000 companies — in the areas of business law, technology and intellectual property, employment and immigration and taxation.

Morse, Barnes-Brown Pendleton, PC
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