Exclusive: Bloom Energy raises $130 millionMay 10, 2013: 2:54 PM ET
Bloom Energy passes $1.1 billion in VC funding.
FORTUNE -- Fuel cell maker Bloom Energy has raised $130 million in new venture capital funding, Fortune has learned from multiple sources.
An unidentified new investor provided the first $100 million, while Credit Suisse (CS) provided the remaining $30 million. Existing investors did not participate in the round, which was structured as an extension to the company's Series G round that originally closed on $150 million in 2011 at a $2.7 billion pre-money valuation.
Bloom now has raised more than $1.1 billion in venture capital funding, including past investments from Kleiner Perkins Caufield & Byers, New Enterprise Associates, Advanced Equities, DAG Ventures and Goldman Sachs (GS).
Fortune previously reported that Bloom's retained earnings through Q3 2012 stood at negative $873 million, and that it only had $113 million left in the bank. At the same time, however, Bloom CFO Bill Kurtz said that the company had become gross margin positive (on a pro forma basis),was "operating with a fully funded business plan" and was "on track with our goal to be profitable in 2013."
Earlier this year Bloom was fined by the U.S. Department of Labor for paying a group of Mexican nationals -- who were working at the company's Silicon Valley headquarters via work visas -- less than minimum wage.
Fortune has reached out to Kurtz and a Bloom spokesperson for comment, and will update this post if it responds.
Sign up for Dan's daily email newsletter on deals and deal-makers: GetTermSheet.com