Alta Devices Inks Financing for Solar Applications
Alta Devices Inc. has added venture financing from a slew of venture investors including August Capital, Kleiner Perkins Caufield & Byers, Crosslink Capital, DAG Ventures, New Enterprise Associates and Technology Partners. New investors are Alberta Investment Management Corporation, Good Energies, Energy Technology Ventures – a joint venture involving GE, ConocoPhilips and NRG Energy – and Constellation Energy. The company, which has raised a total of $72 million in this round, will use the infusion to continue its focus on improving the production economics of high efficiency solar photovoltaic applications, the company said in a release.
11 March 2011•3 mins read
