Qualtré Secures $10,000,000 New Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5c93081c-7886-4eea-94b5-c9ca4ca76639&Preview=1 - Date
7/8/2011 - Company Name
Qualtré - Mailing Address
225 Cedar Hill Street Marlborough, MA 01752 - Company Description
Qualtré Inc. is commercializing the next generation of these inertial sensors, further broadening their applicability in CE devices like cellular handsets, personal navigation devices, and gaming controllers. Using a proprietary high-performance, low-cost technology platform, Qualtré aims to be the leading supplier of inertial sensors for these devices. - Website
http://www.qualtre.com - Transaction Type
Venture Equity - Transaction Amount
$10,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The new funding will enable the company’s product launch, expansion of sales and supply chain infrastructure, and development of next-generation products based on their proprietary HARPSS MEMS process. - M&A Terms
- Venture Investor
Matrix Partners - Venture Investor
Pilot House Ventures Group
