Soladigm Closes $55 Million in Equity Financing

June 25, 2012

MILPITAS, Calif., Jun 25, 2012 (BUSINESS WIRE) — Soladigm, a lead­ing man­u­fac­turer of highly energy-​​efficient Dynamic Glass for build­ings, announced today that it closed $55 mil­lion in Series D equity financ­ing, co-​​led by Reinet Invest­ments and Nan­oDi­men­sion. Con­cur­rent with the financ­ing, Mr. Weston Quasha, direc­tor at Reinet, and Mr. Aymeric Sallin, founder and CEO at Nan­oDi­men­sion, will join Soladigm’s Board of Directors.

This lat­est invest­ment round, which brings the total equity fund­ing in the com­pany to $125 mil­lion, will help accel­er­ate Soladigm’s com­mer­cial­iza­tion efforts and drive global busi­ness growth. Soladigm’s exist­ing investors — DBL Part­ners, GE, Khosla Ven­tures, Nav­i­tas Cap­i­tal, Sigma Part­ners, and The Westly Group also par­tic­i­pated in this round.

Read the orig­i­nal arti­cle at The Wall Street Journal’s MarketWatch →