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Oak Investment leads $45 million round in laptop battery maker Boston-Power

Posted Jan 3rd 2008 1:00PM by Tech Confidential
Filed under: Investments

Boston-Power Inc., a maker of next-generation lithium-ion batteries, has closed a $45 million Series C funding round led by Oak Investment Partners aimed at helping take its laptop battery packs to market.

The company has raised more than $68 million since launching in 2005.

Westborough, Mass.-based Boston-Power's existing backers, Venrock Associates and Granite Global Ventures of Menlo Park, Calif., as well as Gabriel Venture Partners of Redwood Shores, Calif., joined Westport, Conn.-based Oak in the financing.

Continue reading at TechConfidential.com.

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