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Digital Audio Chipmaker JAM Technologies Raises $11.3 Million

Authored by Mark Hefflinger on February 21, 2006 - 6:44am.
Austin, Texas - JAM Technologies, a developer of digital audio amplifier chips for consumer electronics devices, announced on Tuesday that it has raised $11.3 million in its second round of venture capital financing. TL Ventures and Origin Partners led the investment round; Intel Capital, EDBV Management, Launchpad Ventures and Hub Angels also participated. Austin-based JAM develops audio chips used in flat-panel TVs, home theater systems, set-top boxes, portable audio players and cell phones. The company said the funds will be used for product development, to increase production, and to support Asian customers through its new Singapore headquarters.
tags: Audio | Raise | Digital | JAM | Chipmaker |