LED Maker Bridgelux Raises $60 Million in Venture Capital

Posted in Efficient Lighting on July 29th, 2011 by News Desk –

Photo credit: Bridgelux

Livermore, Calif. – Bridgelux, a manufacturer of light-emitting diodes (LEDs), has raised $60 million in its latest round of venture capital, according to a recent filing by the company with the U.S. Securities and Exchange Commission.

The company has now raised a total of about $180 million in venture capital since its founding in 2002.

Bridgelux offers energy-efficient LEDs to replace traditional lamp and luminaire technologies with solid-state products for interior and exterior applications such as street lights, track and downlights.

The company’s new LED Array products are designed to address the quantity of light, energy efficiency, color rendering, targeted lighting color temperatures, color consistency, and beam uniformity that are traditional challenges for LED products.

Investors in Bridgelux include VentureTech Alliance, Doll Capital Management, El Dorado Ventures, VantagePoint Venture Partners, Chrysalix Energy Management and Harris & Harris Group.

Bridgelux’s SEC filing

Bridgelux website