Posted under Venture Capital
from http://www.pehub.com 681 days ago

Lilliputian Systems, Inc. said it closed on $40 million of a planned $60 million equity round that was led by  RUSNANO and joined by existing investors Intel Corporation, Kleiner Perkins Caufield & Byers, Altira Group, Stata Venture Partners, Atlas Venture, and Fairhaven Capital. The company makes portable fuel cell re-charger for consumer electronics.

PRESS RELEASE

Lilliputian Systems Announces $60 Million Equity Financing

WILMINGTON, MASS. (September 14, 2012) – Lilliputian Systems, Inc. (Lilliputian), a developer of portable power products for consumer electronics, is pleased to announce it has closed on $40 million of a planned $60 million equity financing round, led by the Russian $10 billion investment fund RUSNANO, headquartered in Moscow. RUSNANO, which focuses on the development of the Russian nanotechnology industry through co-investments in nanotechnology projects, joins Lilliputian’s current blue chip investors including Intel Corporation, Kleiner Perkins Caufield & Byers, Altira Group, Stata Venture Partners, Atlas Venture, and Fairhaven Capital.

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