Friday, May 11, 2007

LumaSense Gets $25.5M In Credit Facility

San Jose-based LumaSense Technologies, a provider of sensor instrumentation for the clean technology, medical, and energy market, said Thursday that it has gained $25.5M in a credit facility from Comerica Bank. The firm said that the deal includes $10.5M in working capital and a $15M term loan. LumaSense is venture backed by Oak Investment Partners and Element.