Fenwick & West LLP represented d.light design, a for-profit social enterprise that manufactures and distributes solar lighting and power products with primary markets in the developing world, in its recently announced $11 million Series C financing. The round included participation from all major investors, including DFJ, Omidyar Network, Nexus India Capital, Gray Ghost Ventures, Acumen Fund and Garage Technology Ventures. In addition, Mohanjit Jolly of DFJ and Matt Bannick of Omidyar Network will join the d.light design board of directors.
The round of funding will enable the company to continue accelerating its product technology roadmap, expand its distribution in developing markets, broaden its services and aggressively pursue new opportunities. More information on d.light design can be obtained from the company website.
The Fenwick transaction team was led by corporate partner Steven Levine; and corporate associates Amit Khanna and Edward Wedge.