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Venture Capital News: Qualtre Snares $3M

2013-05-16
MARLBOROUGH, Developer of solid state silicon MEMS-based motion sensor technology, has raised $3 million in a round of venture capital.
Qualtre, a developer of solid state silicon MEMS-based motion sensor technology, has raised $3 million in a round of venture capital, according to a new filing by the company with the .Securities and Exchange Commission.

Founded in 2008, Qualtre is the world's leading developer of solid state silicon MEMS-based motion sensor solutions that address the new must-have functionality in portable consumer electronics with best-in-class performance, ruggedness, and cost. Initially targeting applications of MEMS gyroscopes in game controllers, mobile handsets, digital still and video cameras, 3D remote controls for audio/visual devices, and portable navigation systems, Qualtre is developing next-generation motion sensors based on its proprietary multi-axis bulk acoustic wave (BAW) MEMS gyroscope technology. This technology is scalable, enabling future generations that address demanding energy exploration, automotive and high reliability applications.
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