LedEngin Lands $11M

Santa Clara-based LedEngin, which is developing high power, Light Emitting Diodes (LEDs), said today it has raised $11M in a Series C funding. The round was led by Partech International, and also included prior investor WK Technology Fund and a private investor. LedEngin said the funding will go towards expanding its sales channels, manufacturing capacity, and development of new products. Tim Wilson of Partech will join the firm's board. More information »