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BridgeLux Lands $15 Million In VC Funding

Tuesday, October 25, 2011 5:32:00 AM PDT | VentureDeal Staff

   Livermore, California  --  LED technology company BridgeLux has secured $15 million in venture capital investment, according to a company announcement.

BridgeLux is developing high-powered indium gallium nitride light emitting diodes for a variety of electronic applications.

Investors in the round included VantagePoint Venture Partners, DCM, El Dorado Ventures, Novus Energy Partners, Chrysalix Energy Venture Capital, Harris & Harris Group, Craton Equity Partners, Passport Capital and others.

The company said it would use the financing to accelerate its development efforts.

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