FloDesign Wind Turbine Raises $34.5 Million

FloDesign Wind Turbine, a Wilberham, Mass.-based developer of wind turbines, has raised $34.5 million in Series B funding, according to Xconomy. Return backer Kleiner, Perkins, Caufield and Byers was joined by new investors Goldman Sachs, Technology Partners and VantagePoint Venture Partners.

The company previously raised $5.5 million, plus an $8.3 million DoE grant. www.flodesignwindturbine.org