Tuesday, June 19, 2007

Silicon Valley Solar Raises $10.2M

Santa Clara-based Silicon Valley Solar, a firm developing solar concentrators, said Monday that it raised $10.2M in a Series A funding. The round came from Bessemer Venture Partners. Silicon Valley Solar said that the firm also completed the acquisition of NuEdison, an angel-funded manufacturer of photovoltaic modules. Silicon Valley Solar said the funding will be used for process development, equipment, materials and staffing. More information »