SolarBridge raises a $19m series C investment typifies the cleantech company's current expansion.
US-based solar technology company SolarBridge Technologies has raised nearly double its expected amount for its series C round from undisclosed strategic investors, bringing its total to $46m over three rounds.
Ron Van Dell, chief executive of SolarBridge, in April said the company had wanted to raise between $10m and $15m but instead closed on $19m. Van Dell added: "We were able to add [strategic and financial] investors, as well as have current investors participate in our C round of…