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Siimpel Scores Investment From Korean Firm

socalTECH

Arcadia-based Siimpel Corporation , which is developing MEMs-based components for mobile cameras, announced Monday afternoon that the firm has raised an additional round of investment from LG Innotek. Siimpel develops MEMs modules which are used to design higher quality, mobile phone cameras.

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Siimpel's November Haul: $8.78M

socalTECH

The firm--which disclosed the funding in November, but did not released financial terms of the round--is developing MEM-based optical systems which are targeted at enabling digital cameras in mobile phones and other mobile hardware. Siimpel's MEMs-based products provide autofocus, and very small form factors. READ MORE>>.

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Siimpel Gets New Investment

socalTECH

Siimpel said the new round of funding was led by DOCOMO Capital, and also included Qualcomm, Motorola, Micron Technology, and its existing venture investors, which includes Draper Fisher Jurvetson, Portage Venture Partners, Zone Ventures, Scale Venture Partners, and SunAmerica.

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