Stion Snags $15 Million

Stion, a Menlo Park, Calif.-based photovoltaics company developing thin-film modules, has raised $15 million in Series B funding. Lightspeed Venture Partners led the deal, and was joined by General Catalyst Partners and return backers Khosla Ventures, Braemar Energy Ventures and Moser Baer Photovoltaic. www.stion.com