Tech Company Financing Transactions
Qualtre Funding Round
Qualtre closed a $8 million Series B financing round on 4/22/2010. Investors included Matrix Partners and Pilot House Ventures Group.
Transaction Overview
Company Name
Announced On
4/22/2010
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors
Matrix Partners (Stan Reiss)
Pilot House Ventures Group (Stephen Van Beaver)
Proceeds Purpose
The 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.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
225 Cedar Hill St. 112
Marlborough, MA 01752
USA
Marlborough, MA 01752
USA
Phone
Website
Email Address
Overview
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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Edgar Masri
Chief Technical Officer
Farrokh Ayazi
Vice President
Sreeni Rao
VP - Bus. Development
George Harper
VP - Engineering
Ijaz Jafri
VP - Operations
David Gilbert
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