Lilliputian Ties Down $25M
Wilmington, MA-based Lilliputian Systems, which is developing fuel cells small enough to power mobile phones and laptops, has raised an additional $25 million in venture funding from a group of new and existing investors, according to a report today in Mass High Tech. The new investors are Stata Venture Partners of Needham, MA, and Altira Group of Denver. The round also included existing backers Atlas Venture, Fairhaven Capital, Rockport Capital, and Kleiner Perkins Caufield and Byers, according to MHT. The eight-year-old company has raised some $90 million all told.