Mayfield leads Series B round into ShineOn
LED-focused tech firm ShineOn Holding Incorporation has received a Series B funding from a group of top China-focused VCs including the Mayfield Fund, GSR Ventures, Northern Light Ventures and IDG-Accel Capital. The size of the investment was not disclosed, but the company noted that the tranche brings its total funding to date to $51.5 million.
Beijing-based ShineOn is a focuses on packaging, chip and applications design for the high-brightness LED market, for products such as TVs and monitors. The Series B round was led by Mayfield. "We believe...
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