mCube Gets $37M For MEMS Motion Sensors

San Jose-based mCube, a developer of extremely small, MEMS-based motion sensors, said this week that it has raised $37M in a Series C funding. The funding came from Kleiner Perkins Caufield & Byers, MediaTek, iD Ventures America, and DAG Ventures, along with Keytone Ventures, SK Telecom (China) Ventures and Korea Investment Partners. mCube, which is led by Ben Lee, said it will use the funding to expand its line of motion sensors. More information »