Qualtré Closes $10M Financing

Qualtré Inc., a Marlborough, Massachusetts-based provider of feature rich and high performance inertial sensors for consumer and industrial applications, has closed a $10m round of financing.

The round includes equity funding from Matrix Partners and Pilot House Ventures, and debt financing from Eastward Capital Partners.

The company intends to use the funding to launch multiple products.

Founded in 2008 and led by CEO Edgar Masri, Qualtré commercializes the next generation of solid-state silicon MEMS motion sensor solutions for consumer and industrial applications.
Its product development efforts build upon research conducted by its founder and Chief Technology Officer, Dr. Farrokh Ayazi, at Georgia Tech’s renowned Integrated MEMS Laboratory.
The company’s MEMS gyroscopes are experiencing rapid growth rate, driven by growing adoption in products ranging from mobile handsets to gaming remotes to cameras to electronics stability control systems.



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