2 December 2011

Bridgelux ranked 58th in Forbes list of America’s 100 most promising companies

LED chip and lighting array maker Bridgelux Inc of Livermore, CA, USA (which claims to be the only vertically integrated maker of LED solid-state light sources specifically for the lighting industry) has been named to Forbes’ list of America’s Most Promising Companies (AMPC). Bridgelux was ranked 58th on the list of 100 privately held companies selected from 22 industries for their innovative business models, strong management teams, notable customers, strategic partners and precious investment capital.

To sharpen its search, Forbes teamed up with CB Insights, a Manhattan-based data firm that tracks investment in high-growth private companies. Forbes also notes that Bridgelux revenue grew 168% during 2008-2010.

“Our technology breakthroughs and innovative product designs have helped drive rapid adoption of our industry-leading array architecture in the general illumination market,” claims Bridgelux's CEO Bill Watkins, who expects continued rapid growth in the years ahead as mass adoption of solid state lighting accelerates.

“Sizing up younger, privately held companies is hard: their fortunes can change very quickly and there's a dearth of public data,” notes Forbes executive editor Brett Nelson. “We took a more comprehensive approach to evaluate their health and potential,” he adds.

Tags: Bridgelux LEDs

Visit: www.forbes.com/ampc

Visit: www.bridgelux.com