Israel – Siano
Mobile Silicon, a manufacturer of mobile digital TV receiver chips, announced
on Tuesday that it has closed a $23.5 million fourth round of funding.
Participating in the round were all of the company’s existing investors, including
JVP, DFJ-Tamir-Fishman, Star Ventures, Walden Israel and Bessemer Venture
Founded in 2004, Israel-based Siano makes digital TV chips found in
mobile, portable and handheld devices in emerging markets like China, Brazil
Customers include Samsung, Motorola, Huawei and Dell.
will use the funds to build sufficient product inventory, and to develop new
products and penetrate new markets.