Sequoia pours $12 million into LIFX, another wireless LED for the geek segment

Heavy-weight silicon valley VC firm Sequoia Capital recently made an investment in LIFX. The barely two-year-old company produces Wi-Fi-enabled light-emitting diode (LED) bulbs capable of producing various colors. Sequoia poured in $12 million, building on LIFX’s successful Kickstarter campaign i...

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