Mascoma Nets $30 Million

Mascoma Corp., a Cambridge, Mass.-based company focused on cellulosic biomass-to-ethanol development and production, has raised $30 million in second-round funding. General Catalyst Partners led the deal, and was joined by Kleiner Perkins Caufield & Byers, VantagePoint Venture Partners, Atlas Venture, Pinnacle Ventures and return backers Khosla Ventures and Flagship Ventures.