SiTune Garners Series B Financing

  • Feed Type
  • Date
    12/3/2009
  • Company Name
    SiTune
  • Mailing Address
    2216 Ringwood Ave San Jose, CA 95131
  • Company Description
    SiTune Corporation is a fabless semiconductor company focusing on low-power, cost effective products for broadband wireless technologies. The company was founded by a group of highly accomplished and proficient individuals in Silicon Valley, California. The main ambition of SiTune Corporation is to become a prominent developer of RF and mixed-signal SOC’s with the highest performance for receiving video, voice, and data over wireless medium.
    Our cutting edge technology is based on conceiving creative architecture and designing innovative, integrated circuits in all aspects of RF, ASIC, wireless systems and software design.
    SiTune Corporation addresses both niche markets and mainstream markets by offering unique and exceptional products.
  • Website
    http://www.situne-ic.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Series B
  • Proceeds Purposes
    SiTune will use the proceeds of the new financing for ramping production of its latest generation of state of the art Mobile Digital TV and Universal CMOS TV tuners based upon its P2TUNE architecture and grow its international sales infrastructure.
  • M&A Terms
  • Venture Investor
    Undisclosed

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