Qualtré Grabs $10M

Qualtré, a Marlborough, MA-based maker of motion sensors for consumer electronics, said it took in another $10 million in funding, from Matrix Partners and Pilot House Ventures. The investment comes alongside Qualtré’s successful demonstration of what it calls the world’s first tri-axial, solid-state, silicon bulk-acoustic wave gyroscope, which can be used in tablets and smart TV remotes. In April 2010 the company announced it had raised an $8 million Series B round of funding.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.