EmazingLights

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EmazingLights
Type of businessPrivate
Founded2010
HeadquartersAnaheim, California
Founder(s)Brian Lim
Key peopleBrian Lim (Founder & CEO)
Scott Elliott (President & COO)
IndustryRetail
Net incomeIncrease
Employees50+
URLwww.emazinglights.com
Launched2010
Current statusDefunct

EmazingLights, LLC was a California-based retail company founded in 2010 by company CEO Brian Lim. It is best known for its light show gloves used for modern dance form gloving at rave and electronic dance music festivals. The company was listed as #189 on the Inc. 5000 List for achieving a 2281% growth rate over 3 years of operation and bringing in $5.8 million in revenue in 2013.[1]

Founder Brian Lim appeared as a contestant on ABC's reality competition series Shark Tank[2] on March 13, 2015. Lim accepted a deal from sharks Mark Cuban and Daymond John for $650,000 for 5% equity in the company and 20% of the revenue made from licensing deals.[3]

In January 2023, EmazingLights closed down citing devastating company losses due to the gloving ban at major festivals and global pandemic.[4][5]

References[edit]

  1. ^ Helm, Burt (September 15, 2014). "How This Entrepreneur Found Love and a Company on a Crowded Dance Floor". Inc. Article. Retrieved March 17, 2015.
  2. ^ "Emazing Lights Impresses The Sharks". abc.go.com. Retrieved 18 March 2015.
  3. ^ Feloni, Richard (16 March 2015). "Why 'Shark Tank' investor Robert Herjavec says this entrepreneur might be the best in the show's history". Business Insider. Retrieved 18 March 2015.
  4. ^ "Important Announcement to our Community". Instagram. Retrieved June 18, 2023.
  5. ^ "Emazing Lights Shuts Down After Over a Decade of Operation". EDM Identity. 2023-01-10. Retrieved 2023-09-22.

External links[edit]