About Qualtre
Qualtre is a Technology company based in Marlborough (United States) founded in 2008, and was acquired by Panasonic in December 2016. Multi-axis BAW MEMS gyroscopes are developed for motion sensing applications. Qualtre has raised $53.16 million across 8 funding rounds from investors including Panasonic, Alps Electric and Pilot House Ventures. The company was acqui-hired. Qualtre offers products and services including Sports Betting, Casino Games, and Live Casino. Its focus areas include Semiconductors, Sensors, Generic Sensor Developers and Positioning & Motion. Its competitors include Tdk Electronic Components, InvenSense and Memsic; 2 of its 3 listed competitors have raised funding.
Company details
Qualtre was founded in 2008 in Marlborough, United States, where solid-state silicon MEMS motion sensors are developed using proprietary multi-axis bulk acoustic wave gyroscope technology. Digital gyroscopes produced by the company are applied in mobile handsets, game controllers, and camera stabilization systems. A commercial sales agreement with Alps Electric has been established to support global market expansion in the MEMS sensor sector.
- Headquarters Marlborough, United States
- Stage Acquired
- SectorsTechnology
- Website qualtre.com
- Social LinkedIn X
- Acquired by Panasonic (Dec 2016)
Products & Services of Qualtre
Qualtre offers a comprehensive portfolio of products and services, including Sports Betting, Casino Games, and Live Casino.
Platform for online sports betting and live events.
Offers various casino games like card games and slots.
Real-time casino experiences with professional dealers.
Funding Insights of Qualtre
Qualtre has successfully raised a total of $53.16M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $9 million completed in December 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $53.16M
- Total Rounds 8
- Last Round Series D — $9M
- First Round $5M
(Aug 2008)
- Investors Count 4
All 8 funding rounds of Qualtre with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2014 | $9M | Series D | – | Pilot House Ventures, Matrix | – |
| Mar 2014 | $8M | Series C | – | Matrix, Pilot House Ventures | – |
| May 2013 | $3M | Series C | – | – | – |
| May 2012 | $10M | Series C | – | – | |
| Aug 2011 | $10.09M | Series B | – | Matrix, Pilot House Ventures | – |
| Apr 2010 | $8M | Series B | – | Pilot House Ventures | |
| Sep 2009 | $69,660 | Series A | – | – | – |
| Aug 2008 | $5M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in Qualtre
Qualtre has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Panasonic, Alps Electric and Pilot House Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| pilothouseventures.com | ||||
Early-stage ventures are funded by the investment firm. | matrix.vc | San Francisco, United States | ||
Venture debt firm that does debt investment in the US | eastwardcp.com | Newton, United States | ||
Manufacturer of electronic devices | 1948 | alps.com | Santa Clara, United States | |
Diverse electronics products are offered for consumer and industrial needs. | 1918 | panasonic.com | Gurugram, India |
Investor details for Qualtre
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Qualtre
4 dated milestones of Qualtre across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Qualtre is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series D, of $9.0M.
- Exit Acquired by Panasonic.
Competitors of Qualtre
Qualtre has 3 listed competitors in our database, 2 of them funded. They include Tdk Electronic Components, InvenSense and Memsic.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tdk.com | 1974 | Lincolnshire, United States | Manufacturer of electronic components and materials. This company develops and produces a wide array of electronic components, including magnetic products, capacitors, resistors, and sensors. These components are used in various applications across diverse industries, such as automotive, industrial, and consumer electronics. The company also offers related technologies and solutions. Its operations encompass research and development, manufacturing, and sales. | |||
| invensense.com | 2003 | San Jose, United States | $38M | 288 | MotionTracking sensor system on chips with integrated motion and sound solutions | |
| memsic.com | 1999 | Andover, United States | $8.25M | Accelerometers and magnetic sensors are manufactured using MEMS technology. |
Detailed competitors of Qualtre
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Sensors & Smart Devices
3 companies that operate in the same segment as Qualtre (Sensors & Smart Devices) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | |||
Cloud-based business telephony and home security services are provided. | 2004 | Palo Alto, California, United States | USD 87.97 M | USD 273.6 M | 1,190 |
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Frequently Asked Questions about Qualtre
Qualtre was founded in 2008.
Qualtre is headquartered in Marlborough, United States. It is registered at Marlborough, Massachusetts, United States.
Qualtre is a funded company, having raised a total of $53.16M across 8 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Aug 2008.
Qualtre was founded in 2008 in Marlborough, United States, where solid-state silicon MEMS motion sensors are developed using proprietary multi-axis bulk acoustic wave gyroscope technology. Digital gyroscopes produced by the company are applied in mobile handsets, game controllers, and camera stabilization systems. A commercial sales agreement with Alps Electric has been established to support global market expansion in the MEMS sensor sector.
Qualtre's top competitors include InvenSense, Tdk Electronic Components and Memsic.
Qualtre offers Sports Betting, Casino Games, and Live Casino.
Qualtre has 5 investors. Key investors include Panasonic, Alps Electric, Pilot House Ventures, Matrix, and Eastward Capital Partners.
Yes. Qualtre was acquired by Panasonic in December 2016.