NAVTEQ Showcases Innovative Customer Solutions at ATA 2007

KENNEWICK, Wash. --(Business Wire)-- Infinia Corporation today announced that it closed on a $50 million Series B Preferred Stock financing round led by GLG Partners with participation from Wexford Capital LLC and prior investors Vulcan Capital, Khosla Ventures, EQUUS Total Return, Inc., Idealab and Power Play Energy, LLC. The proceeds from the financing will be used to fund the commercial launch of the Infinia Solar System, a solar power generation product that harvests energy from sunlight to generate clean, emissions-free electricity.

read more