$60M Brightens Up BridgeLux

Livermore, CA-based BridgeLux, which is developing epitaxial manufacturing techniques for building cheaper LED lights, has collected $60 million in Series E financing, according to a report today in Dow Jones VentureWire. Craton Equity Partners, a Los Angeles-based private equity firm, led the round, which could increase to as much as $80 million, according to the report. The company collected $50 million in Series D financing in early 2010 from VantagePoint Venture Partners, Doll Capital Management, and El Dorado Ventures.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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