Bridgelux has raised $60 million in its fifth venture capital funding round, AltAssets reports. Craton Equity Partners, VantagePoint Venture Partners, Doll Capital Management and El Dorado Ventures were some of the investors.
Livermore-based Bridgelux will use the proceeds to create cheaper light-emitting diodes, Mercury News. The company has now raised a total of about $180 million in venture capital since its founding in 2002.
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