Boston Power Boosts VC Round

Boston-Power Inc., a Westborough, Mass.-based developer of lithium-ion batteries, has expanded its Series E round from $60 million to $66.4 million, according to a regulatory filing. 

The company previously announced that Foundation Asset Management and Oak Investment Partners co-led the round, and were joined by fellow return backers Venrock and Gabriel Venture Partners. The company has now raised around $191 million in total VC funding since 2005.