Monday, May 13, 2013

Bloom Energy Snags $130M More

Sunnyvale-based Bloom Energy, a developer of fuel cell power equipment, has raised $130M more in funding, according to reports today, bringing its total raised to over $1.1 billion. Details on the funding have not yet been announced by the company. Bloom Energy's fuel cells convert natural gas into electricity, and are being used to provide lower carbon--and cheaper--energy to customers like data centers. The funding was first report by Fortune. More information »