Monday, June 20, 2011

SolarBridge Technologies Raises $19M

Austin-based SolarBridge Technologies, the developer of microinverters for the solar power industry, announced this morning that it has raised $19M more in funding. The Series C round brings the company's total raised to $46M. Name of the lead investors were not disclosed, however, the company said the rounds came from both new financial and strategic investors. The firm has previously raised funding from Rho Ventures, Battery Ventures, and the Texas Emerging Technology Fund. More information »