Wednesday, January 3, 2007

InvenSense Gets $11M

Santa Clara-based InvenSense has raised $11M in a Series B funding, in a round that included QUALCOMM Ventures, Artiman Ventures, and Partech International. InvenSense is a provider of motion sensors for the mobile and consumer application market. The funding will go towards production ramp of the firm's dual-axis gyroscope, and towards new product development for the handset market. Artiman and Partech are prior investors in the firm. More information »