Tuesday, March 27, 2012

Nuventix Gains $10M More

Austin-based Nuventix has raised another $10M in funding for the firm's cooling technology for the LED lighting market. The funding came from existing investors Braemar Energy Ventures, CenterPoint Ventures, InterWest Partners, Rho Ventures, Bergquist Co. and General Electric. Nuventix has now raise more than $50M in funding. The firm last raised a round of funding last July, when it also raised $10M in funding. A regulatory filing describing the round says that this new funding is a Series CC Preferred Stock funding. Nuventix is headed by Jim Balthazar. More information »