Lilliputian readies fuel-cell gadget charger
Lilliputian Systems, a company developing butane-fueled energy storage for consumer electronics, said on Thursday that it has raised $28 million in additional funding.
The company, which was spun out of the Massachusetts Institute of Technology, also announced that Analog Devices' co-founder Ray Stata has joined its board and that it named Michael Umana chief financial officer.
Since its founding seven years ago, Lilluptian Systems has been quiet about its product development but has revealed a few more details in the past few weeks. Its financial backers, which include Kleiner Perkins Caufield & Byers, Atlas Ventures, and Rockport Capital, have put … Read more
