Altra Raises $120M in Series B

Los Angeles-based Altra, a developer of renewable fuel projects, has raised $120M in a Series B funding, the firm said this week. The new round of funding included its existing investors, Kleiner Perkins Caufield & Byers, Omninet Private Equity, Sage Capital Partners, Angeleno Group, and Khosla Ventures, along with Duff Ackerman and Advanced Equities. This round follows a recent funding in April, and brings the total raised by the ethanol producer to $250M. More information »