Qualtre Receives $8,000,000 Series C Funding

  • Feed Type
  • Date
    3/18/2014
  • Company Name
    Qualtre
  • Mailing Address
    225 Cedar Hill Street Marlborough, MA 01752 USA
  • Company Description
    Qualtre 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, Qualtre aims to be the leading supplier of inertial sensors for these devices.
  • Website
    http://www.qualtre.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The Series C investment will enable Qualtré to execute its strategy of developing inertial sensor products for high-end markets and leverage the versatility of its BAW & HARPSS technologies for the consumer market.
  • M&A Terms
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Pilot House Ventures Group
  • Venture Investor
    Undisclosed