San Jose, Calif. -- LED Engin, a San Jose-based developer of high lumen density LED lighting components and optics, said on Monday it has raised has raised unspecified amount in its fifth round of funding, led by GVT Fund. MSIVC and previous backers WK Technology Fund, Partech International, NGP Energy Technology Partners and company chairman Keh-Shew Lu also took part in the round, which the company will use to broaden its product portfolio, increase manufacturing capacity and expand its worldwide sales and marketing network. "The latest round of funding provides LED Engin with the financial resources it needs to accelerate growth," said David Tahmassebi, the president and CEO of LED Engin.
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