Luminus Devices, Inc. Receives $25,000,000 Series E Funding

  • Feed Type
  • 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
  • Venture Investor
    Braemar Energy Ventures
  • Venture Investor
    CMEA Ventures
  • Venture Investor
    Paladin Capital Group