ShineOn Closes Series B, Total Funding Hits $51.5M

Beijing-based ShineOn Holding Inc. has closed its Series B financing round, bringing the total raised by the company to $51.5 million. Mayfield Fund participated in the investment round along with GSR Ventures, Northern Light Ventures and IDG-Accel Capital. ShineOn produces LED products with low thermal resistance, and high brightness, designed for TVs, monitors, and notebooks.

20 April 2011•3 mins read
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