Luminus Devices, Inc. Receives $25,000,000 Series E Funding
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3807bd32-4d9f-4d6e-8bd5-8e56006400f5&Preview=1 -
Date
3/17/2008 -
Company Name
Luminus Devices, Inc. -
Mailing Address
1100 Technology Park Drive, Unit 2 Billerica, MA 01821 -
Company Description
Luminus Devices develops and manufactures innovative, high-power, solid state lighting solutions for high-definition televisions and other display products. Its patented PhlatLight™ (Photonic Lattice) technology and manufacturing processes deliver a new level of performance to solid state lighting, making new applications both technically and commercially possible. -
Website
http://www.luminus.com -
Transaction Type
Venture Equity -
Transaction Amount
$25,000,000 -
Transaction Round
Series E -
Proceeds Purposes
Luminus plans to use the capital to accelerate development of new products and expand into new lighting markets. The company continues to strengthen its team in sales support, applications engineering and product development, and is recruiting staff in the greater Boston area. This funding is part of a $72 million total funding round. -
M&A Terms
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Venture Investor
Braemar Energy Ventures -
Venture Investor
CMEA Ventures -
Venture Investor
Paladin Capital Group
