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December 12, 2007
Austria's SensorDynamics Raises €25M Series B
SensorDynamics, a company that develops gas and motion sensor products, among other types of sensors used in automobiles, announced a Series B round of €25M ($37 million) [via PEHub].
Uwe Albrecht Managing Partner at Siemens Venture Capital said in a statement: "Since our initial investment, SensorDynamics has established itself as a prominent provider of sensing and wireless technology to the automotive and consumer industries. We are excited to take the company to the next stage with this new investment."
Posted on December 12, 2007 07:18 PM | Posted to News And Updates | Permalink
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