Siimpel raises $8.7M for mobile cameras
Siimpel, manufacturer of highly-precise and low-power mobile and digital cameras, took in an $8.7 million tranche of an expected $16 million investment round, according to regulatory filings. Contributors included Qualcomm, Zone Venture Fund, Draper Fisher Jurvetson Fund, and a handful of individuals.
Earlier this month, the Arcadia, Calif. company announced the development of micro-electro-mechanical-sysetems (MEMS) techonology that would be best used in mobile devices. In the past, it has received funding from DOCOMO Capital, the venture arm of Japan’s largest wireless carrier, NTT DOCOMO, Motorala and Micro Technology.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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