Siimpel raises undisclosed round for low-power micro-cameras
Siimpel, manufacturer of precise low-power mobile and digital cameras, announced an undisclosed round of strategic funding from LG Innotek. The Arcadia, Calif. company previously raised $75 million from backers Motorola Ventures, DOCOMO Capital, Draper Fisher Jurvetson, Global Catalyst Partners, Portage Venture Partners, Scale Venture Partners, Sun America Ventures and Zone Venture Fund.
In the fall, Siimpel said it was going to start developing micro-elecro-mechanical-systems (MEMS) technology ideal for cell phones.
Siimpel raises $21.5M for imaging technology for cellphones
Siimpel Corp., an Arcadia, Calif., maker of imaging technology for cellphone cameras, has raised $21.5 million in a fourth round of funding.
SunAmerica Ventures led the round. Other investors include Motorola, Qualcomm and Micron Technology and existing backers Draper Fisher Jurvetson, Scale Venture Partners, Global Catalyst Partners, Portage Venture Partners and Zone Venture Partners.
The company improves imaging for camera technology in cellphones, using MEMS (micro-electro-mechanical systems), optics, electro-optical design, image sensors, packaging and camera electronics.