AMIMON Raises $15M in Funding

AMIMON, a Herzlia, Israel-based provider of wireless HDTV semiconductor solutions, has raised $15m in equity funding.

The round comes from new and strategic investors along with existing backers.

The company intends to use the funds to accelerate the development of its WHDI chipsets, which enable further integration, cost reduction and facilitate the growth of products such as wireless HDTV, PC-to-TV, etc., and to expand in the mobile and tablet markets.

AMIMON delivers its chipsets to OEMs and CE manufacturers of wireless HDTVs, PC-to-TV, tablet-to-TV, HD Wireless Bridges, etc.

Mobile devices, smartphones and tablets embedded with WHDI technology will enable users to wirelessly view all of the device content and experience interactive applications and gaming capabilities of their mobiles devices and tablets on their TVs.

Led by chairman and CEO Dr. Yoav Nissan-Cohen, AMIMON has offices in Santa Clara, Calif., USA; Tokyo, Japan; Seoul, Korea; Taipei, Taiwan and Shenzhen, China.

FinSMEs

23/03/2011

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