Movea secures 6.5 million Euros in Series C funding to grow further
August 03, 2012 // Julien Happich
A provider of motion processing and data fusion technologies, Movea announced it has secured a 6.5 million Euros round of funding led by Intel Capital, together with existing Investors iSource and GIMV.
“This new round of funding will help provide the necessary resources for Movea to continue to grow and develop cutting-edge technology,” said Sam Guilaumé, CEO of Movea.
The company plans to focus this round of funding on the development of new motion sensing and data fusion technologies to enhance the company's current offerings and exciting roadmap that will continue to revolutionize the mobile industry, particularly in the consumer electronics, sports and fitness, and eHealth categories.
“We look forward to supporting Movea and increasing our involvement in the MEMS and motion sensing space in general,” said Erik Jorgensen, Investment Director, Intel Capital. “We believe the role MEMS plays in technology, particularly on the mobile side, is going to continue to increase at a rapid pace and that Movea is in a position to be a key player to help drive and enable this important evolution.”
Visit Movea at www.movea.comAll news
MEMS leaders under pressure, says Yole
July 31, 2014
The MEMS industry is changing as established leaders with manufacturing and an emphasis on delivering components are put ...
OLED lighting to be competitive with LEDs by 2016
Panasonic and Tesla Gigafactory battery plan forges ahead
Surface inspection tool can get customized
Wireless charging - a more cost-effective approach
Sony, Panasonic, Japan Display plan OLED joint venture
July 30, 2014
Sony Corp., Panasonic Corp., and Japan Display Inc. are working together to create a new company, to be named JOLED, which ...
Sony, TSMC win award for silicon-plastic process development
Sensor footprint evolution: Does size matter?
Memscap breaks even on rising Q2 revenue
- Building Blocks for the Internet of Things
- New Linear Regulators Solve Old Problems
- Testing GPS with a Simulator
- DSM presents: Select the best plastic for DDR4
InterviewCEO interview: China, not Apple, is way to go, says mCube CEO
Ben Lee, CEO of MEMS startup mCube, explains why he wants to spend $37 million on being a supplier of sensors to Chinese ODMs and avoiding a design win with Apple or Samsung.
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Altium Ltd is offering EETimes Europe's readers the chance to win one TASKING VX-Toolset for ARM Cortex-M Premium Edition, normally licensed for 2.395 Euros, for ultra-rapid prototyping and code development around ARM Cortex-M based microcontrollers.
The VX-toolset for ARM is the first TASKING compiler suite to receive the Software Platform technology, which is seamlessly...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.