Monday, February 13, 2012

Bridgelux Lights Up With $25M More

Livermore-based Bridgelkux, the developer of LED lighting technology headed by Bill Watkins, said today that it has scored $25M more in funding, via Chinese lighting firm Kaistar Lighting. Bridgelux said the funding will go towards research, development, and production of its LED chips and packaging technology. The new funding comes less than six months after a $15M round from its venture backers, which include VantagePoint Capital Partners, DCM, El Dorado Ventures, Novus Energy Partners, IFA, Chrysalix, Harris & Harris Group, Craton Equity Partners, Jebsen Asset Management, and Passport Capital. More information »