Serious Materialsit has brought in $60 million in a third round of venture funding. The Sunnyvale, Calif. company didn't say how it plans to use the money, though it has been building up its sales staff in recent months.
Merisow Financial and Enertech Capital, as well as existing backers Navitas Capital, Foundation Capital, Rustic Canyon Partners and New Enterprise Associates. The company raised $50 million in a first round of funding in 2007.