Calisolar Pulls In $3M

Sunnyvale, CA-based solar manufacturer Calisolar has raised $3 million out of a potential $5 million in a funding round involving debt, options, and securities, according to a December 2 regulatory filing. Calisolar is a vertically integrated manufacturer that makes raw silicon into solar cells.  It’s gone back to the fundraising well frequently in the last three years: records show a $51.9 million round in October 2008, a $60 million round in June 2009, a $20 million round in February 2010, and a $15 million round in July 2010. Past investors include Advanced Technology Ventures, Globespan Capital Partners, Good Energies, Hudson Clean Energy Partners, Ventures West, and Yaletown Venture Partners.

Wade Roush is the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

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