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Sensible Weather Gets $4M For Weather, Climate Risk Insurance

socalTECH

Los Angeles-based Sensible Weather, a new startup which reimburses travelers when bad weather impacts their trips, says it has raised $4M in a seed funding round. The company said it also has received a research and development grant from the National Science Foundation.

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Siimpel Acquired By Tessera

socalTECH

Arcadia-based Siimpel , a developer of micro-electro mechanical systems (MEMS) based cameras, has been acquired by Tessera Technologies , Tessera announced Tuesday afternoon. The deal was worth $15M in cash. Siimpel was founded in 2000, and had 42 employees, as well as a stable of 65 patents and patent applications.

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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. READ MORE>>.

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Siimpel Gets New Investment

socalTECH

Arcadia-based Siimpel Corporation, a developer of micro-electrical-mechanical optical technology, announced today that it has scored another round of funding. Amount of the funding was not disclosed. Siimpel has previously raised more than $52M in funding. READ MORE>>

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Siimpel's November Haul: $8.78M

socalTECH

Arcadia-based Siimpel , a developer of micro-electro-mechanical optical technology, hauled in $8.78M in its November funding, according to figures released in this week's PricewaterhouseCoopers/NVCA MoneyTree report.

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