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.