SolFocus Raises $47.5 Million
SolFocus Inc., a Palo Alto, Calif.-based developer of solar concentrator photovoltaic systems, has raised $47.5 million in Series C funding. Apex Venture Partners led the round, and was joined by return backers like New Enterprise Associates and NGEN Partners. It had previously raised nearly $100 million. The company also announced that it has named president Mark Crowley as its new CEO.
9 January 2009•3 mins read
