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Qualtre Raise $5 Million

ATDC company Qualtre, which is working on advanced motion sensors, closed a $5 million Series A round from Matrix Partners. Employing a fabless semiconductor business model, Qualtre is an early stage company that intends to launch its first product early next year. It will be the first-ever three-axis single-package gyroscope for consumer electronics markets. Sounds complicated. And it is. Qualtre came to ATDC via VentureLab. TechJournal South has a nice writeup on the funding. Congrats to Mike Slawson, Farrokh Ayazi, and the rest of the Qualtre team!

November 30, 1999 by ATDC

ATDC company Qualtre, which is working on advanced motion sensors, closed a $5 million Series A round from Matrix Partners. Employing a fabless semiconductor business model, Qualtre is an early stage company that intends to launch its first product early next year. It will be the first-ever three-axis single-package gyroscope for consumer electronics markets. Sounds complicated.  And it is. Qualtre came to ATDC via VentureLab.

TechJournal South has a nice writeup on the funding.

Congrats to Mike Slawson, Farrokh Ayazi, and the rest of the Qualtre team!

Category iconNews from Our Companies Tag iconHardware,  Venture Capital

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