InvenSense has taken $19 million Series C in a round led by Sierra Ventures with previous investors Artiman Ventures, Partech International and Qualcomm Ventures also participating. Strategic investors in the round included Foxconn, Inventec Appliances Corp, Skylake Ventures, DoCoMo Capital and VentureTech Alliance.
Sunnyvale based InvenSense makes motion sensing solutions for mobile applications, addressing applications such as image stabilization, mobile navigation, location-based services and smart user interfaces that use hand motion and gesture-based commands
The funding will be used to “accelerate the next phase of company growth and evolve both the company business and product strategy.” Under the deail Ben Yu, managing director at Sierra Ventures, will join InvenSense’s board of directors.
The new round brings InvenSense’s total funding to $38 million.