Ausra Secures $60.6 Million in Funding

Palo Alto, CA—Ausra, Inc., the provider of large-scale solar thermal energy systems for industrial processes and utility electricity generation, has secured $60.6 million in its latest preferred equity financing. Investors in this closing were led by KERN Partners of Calgary, Alberta, Canada; and also included Generation Investment Management, based in London, England; Starfish Ventures of Melbourne, Australia; and Ausra's founding investors Khosla Ventures and Kleiner Perkins Caufield & Byers. The investor group committed these funds in support of Ausra's reliable, cost-competitive technology, seasoned management team and global expansion. Link.