Home › DMW Daily › November 20, 2006

Mobile TV Chipmaker Newport Media Raises $30 Million

Authored by Mark Hefflinger on November 20, 2006 - 6:25pm.
Lake Forest, Calif. - Newport Media, a developer of mobile TV chips, announced on Monday that it has raised $30 million in its third round of venture capital financing, led by new investor DAG Ventures.

Previous investors Benchmark Capital, Global Catalyst Partners, Oak Investment Partners, Pinnacle Ventures and Venrock Associates also participated.

Lake Forest, Calif.-based Newport Media's system-on-a-chip mobile TV technology supports all major mobile TV standards. The company said the chip increases viewing time while also improving sensitivity, channel switching time and interference immunity.

The funds will be used to ramp volume production while expanding the company's product portfolio.

Related Links:
http://tinyurl.com/ya7g33
http://www.newportmediainc.com

Published in DMW Daily, November 20, 2006
tags: Deals | Mobile | VC | Video | Mobile TV | Tech | TV | Tech Deals | Chips | Newport Media |

add to:  del.icio.us  |  digg |  Yahoo! MyWeb  | Slashdot


Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Add image
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br><p> <b> <i> <img> <hr>
  • Images can be added to this post.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.