Boston-Power Raises $60 Million Insider Round

Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has raised $60 million in Series E funding. Foundation Asset Management and Oak Investment Partners co-led the round, and were joined by fellow return backers Venrock and Gabriel Venture Partners. The company has now raised around $185 million in total VC funding since 2005.

25 June 2010•6 mins read
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