Amimon collects $15M in capital
Wireless HDTV semiconductor specialist Amimon said it has raised $15 million in a new round of funding.
The company did not identify the investors in what appears to be its E round, saying only that they included a mix of new and previous investors. Previous investors include Stata Venture Partners, Argonaut Private Equity, Cedar Fund, Evergreen Venture Partners, Walden Israel and Motorola.
The proceeds will be used, the company said, to accelerate the development of follow-on generations of its Wireless Home Digital Interface (WHDI) chipset, enabling further integration, cost reduction and facilitating the growth in the wireless home video market.
The company's chips support 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.
WHDI is a wireless standard for uncompressed HD video being promoted by Amimon, Hitachi, Motorola, Samsung, Sharp, Sony and LG Electronics. It was designed specifically for mobile devices.
WHDI utilizes a 40 MHz channel in the 5 GHz unlicensed band and can be implemented with a single antenna. WHDI includes support for all 3-D formats required by the HDMI 1.4a specification and a range of more than 100 feet (30 meters) through obstacles and walls. WHDI supports HDCP revision 2.0, providing security and digital content protection, and full compatibility with HDMI.
"Notebook PCs, handsets and tablets have emerged as primary sources of HD content, and consumers are eager to connect these devices to the TV; WHDI offers the only viable option for connecting these devices to a TV," said Yoav Nissan-Cohen, chairman and CEO of Amimom. "We will use this round of funding to solidify Amimon's WHDI technology as the connection method of choice for all mobile devices and tablets to the TV."