Qualtré Secures $10,000,000 New Round

  • Feed Type
  • 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

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