AMIMON Garners $15,000,000 New Financing
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c5d3c174-5912-4371-aac2-b63a168331f6&Preview=1 -
Date
3/23/2011 -
Company Name
AMIMON -
Mailing Address
2350 Mission College Blvd Santa Clara, CA 95054 -
Company Description
AMIMON is a fabless semiconductor company pioneering wireless uncompressed high-definition video for universal connectivity among CE video devices. -
Website
http://www.amimon.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The funding will accelerate the development of follow-on generations of AMIMON’s WHDI chipset enabling further integration, cost reduction and facilitating the growth in the wireless home video market: products such as wireless HDTV, PC-to-TV, etc. Also, it will enable AMIMON to expand its foothold in the mobile and tablet markets, answering the growing demand for a mobile- and tablet-to-TV connection. -
M&A Terms
-
Venture Investor
Undisclosed
