For a small form factor optical disk drive (SFFODD), a high-performance actuator satisfying the requirements for small size, high speed, and low-power consumption simultaneously is required. In this paper, we propose a rotary-type voice coil motor (VCM) using a multisegmented magnet array (MSMA) for the SFFODD. The VCM is designed to move the entire system including miniaturized optical components, which are necessary in reading and writing data. To increase the actuating force of the VCM, the MSMA, a novel magnetic circuit, is adopted because it can provide a higher flux density than a conventional magnet array in the rotary-type VCM. To obtain the best performance from the VCM in the limit of actuator size, design optimization is performed. The manufactured actuator with optimally designed parameters is described and the potential performance of track seeking is evaluated and presented.