Tuesday, May 26, 2009

Tigo Energy Gets $10M

Los Gatos-based Tigo Energy, a developer of technology for increasing the efficiency of photovoltaic power systems, said Tuesday afternoon that it has raised $10M in a second round of funding. The company said that the Series B funding was led by ICV, and included prior investors Matrix Partners, OVP and Clal Energy. The firm said that Meir Ukeles of ICV joins the board along with the funding. More information »