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Israeli Mobile TV Chipmaker Siano Mobile Secures $20 Million Investment

Authored by Mark Hefflinger on February 3, 2006 - 6:50am.
Tel Aviv - Siano Mobile Silicon, an Israel-based developer of integrated semiconductor receivers for mobile digital TV, announced that it has raised approximately $20 million in second round funding. The announcement comes just six months after the company raised more than $9.6 million. Jerusalem Venture Partners led the latest round, with existing investors Walden Israel and Star Ventures also participating. Siano's chips bring digital TV functionality to satellite navigation devices, mobile phones, smart phones/PDAs and other mobile and portable devices.
tags: Mobile | Chipmaker | Secure | Investment | Israeli | Siano |

Mobile Digital TV Chip Developer Siano Raises $11.5 Million

Authored by Mark Hefflinger on April 4, 2005 - 4:27am.
Netanya, Israel -- Siano Mobile Silicon, a developer of mobile digital TV chips, announced on Monday that it has raised $11.5 million in its first round of venture capital financing. Jerusalem Venture Partners led the investment round, which included participation from Walden Israel and Star Ventures. Founded in June 2004 by former Emblaze Semiconductor CEO Alon Ironi, the company said it will use the funds for product development. Israel-based Siano is developing a multi-standard, multi-band integrated receiver mobile TV chip for use in cell phones, laptops, portable video players and other consumer electronics. "The new emerging market of TV on mobile requires breakthrough solutions that will overcome issues of mobility, power consumption, and physical size, while minimizing the overhead on the already-sensitive bill of material of hand held devices," said Siano board member Dr. Ulrich Schumacher.
tags: Siano | Mobile Digital TV Chip Developer |