Qualtre Garners $10,000,000 New Funding

  • Feed Type
  • Date
    5/29/2012
  • Company Name
    Qualtre
  • Mailing Address
    225 Cedar Hill Street Marlborough, MA 01752
  • 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
    Debt, Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding will enable the company to launch multiple products targeting both high-volume consumer and industrial applications.
  • M&A Terms
  • Venture Investor
    Matrix Partners
  • Venture Investor
    Pilot House Ventures Group
  • Venture Investor
    Eastward Capital

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