TerraLUX Secures $18,300,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7e74abeb-41e9-4d92-92b4-90b0e0cee829&Preview=1
Date
5/7/2012
Company Name
TerraLUX
Mailing Address
1830 Lefthand Circle Longmont, CO 80501
Company Description
TerraLUX, Inc. designs, patents, manufactures, and distributes LED-based lighting solutions for a variety of markets and applications including Portable, Medical, Industrial, and General Illumination.
Website
http://www.terraluxcorp.com
Transaction Type
Venture Equity
Transaction Amount
$18,300,000
Transaction Round
Series B
Proceeds Purposes
The new capital will be used to accelerate the company’s growth in all segments of the business with a particular development focus on LED Engines and technologies for both OEM and Retrofit applications in general illumination.
M&A Terms
Venture Investor
Generation Investment Management
Venture Investor
Emerald Technology Ventures
Venture Investor
Access Venture Partners
Venture Investor
Investor