Qualtré Raises $8M in Series B Financing Round

Qualtré Inc., Marlborough, Mass.-based developer of solid state motion sensors for consumer electronics (CE) applications, has completed an $8m Series B round of financing.  
This funding, which brings the total amount raised to $13m, included venture capital investors Matrix Partners and Pilot House Ventures.
The capital infusion will fund the company’s product development, sales, and operations infrastructure to commercialize its proprietary Bulk Acoustic Wave (BAW) micro electromechanical system (MEMS) gyroscopes, which is targeting mobile handsets, game controllers, and digital camera image stabilization markets.

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