Tuesday, August 7, 2007

BridgeLux Brings In $23M

Sunnyvale-based BridgeLux has added $23M in a Series C round, the firm said yesterday. The new round of funding was led by Chrysalix Energy Venture Capital, a new investor in the firm. Additional investors in the round include VantagePoint Venture Partners, along with existing backers DCM, El Dorado Ventures, and Harris & Harris Group. BridgeLux said the funding will go towards product line and market expansion. BridgeLux is developing LED-based, solid state lighting which is expected to power backlighting, displays, camera flash, and other lighting applications. More information »