Blog Post

Startup: BridgeLux, More Money for Lighting

This morning we wrote about silicon lighting startup Group IV Semiconductor raising a round. Now here’s more venture money for lighting: VentureWire (via VentureBeat) reports that Sunnyvale, Calif. based BridgeLux has raised $23 million in a series C round funding from lead investor Chrysalix Energy Venture Capital, and other investors DCM, El Dorado Ventures, Harris & Harris Group and VantagePoint Venture Partners. BridgeLux makes light emitting diode chips (LEDs) made from indium gallium nitride, which can emit light more efficiently than traditional bulb technologies.

We contacted the company and have yet to get confirmation of this latest round, but we’ll update it when we learn more. In April 2006 the company changed its name from eLite Optoelectronics and raised a series A round of $8.5 million. Last September competitor Cree and Boston University filed a patent infringement lawsuit against BridgeLux. BridgeLux turned around and filed a patent infringing lawsuit against Cree.