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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