Totus Solutions raises $7.8M funding

Oct 14, 2013
Austin Business Journal

Totus Solutions Inc. reported raising $7.8 million of a planned $10.4 million financing


The Austin-based company collected the capital from 35 investors, according to a Friday filing with the U.S. Securities and Exhange Commission


Totus Solutions, founded in 2009 as Totus Lighting Inc., develops products that appear to be outdoor lighting but also include surveillance technology


Investors include Gordon England, a former secretary of the U.S. Navy and former executive vice president at General Dynamics; Edward Zander, a one-time CEO of Motorola; and Michael Moe, co-founder of California-based GSV Capital Management


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