$60M Brightens Up BridgeLux


Livermore, CA-based BridgeLux, which is developing epitaxial manufacturing techniques for building cheaper LED lights, has collected $60 million in Series E financing, according to a report today in Dow Jones VentureWire. Craton Equity Partners, a Los Angeles-based private equity firm, led the round, which could increase to as much as $80 million, according to the report. The company collected $50 million in Series D financing in early 2010 from VantagePoint Venture Partners, Doll Capital Management, and El Dorado Ventures.

Wade Roush is Chief Correspondent and Editor At Large at Xconomy. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @

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