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SiBEAM Raises $36.5 Million for 60 GHz Chips for WirelessHD
SiBEAM, a start-up based in Sunnyvale, California, raised $36.5 million in Series D funding for its 60 GHz CMOS chipsets for WirelessHD applications. The company's second generation 60 GHz wireless high definition chipsets are targeting the mainstream consumer electronics marketplace, as well as fund future projects for personal computing and mobile devices.
The second generation of SiBEAM's WirelessHD chipsets, which were brought into mass production earlier this year, support advanced features including 3D, HDCP and DTCP content protection that can be designed into A/V receivers, home theater-in-a-box systems, Blu-ray players, set-top boxes, media center PCs, and consumer laptops.
The new funding was led by Foundation Capital. All of SiBEAM's original investors contributed to this round including U.S. Ventures Partners (USVP) and New Enterprise Associates (NEA), joined by new partners in SiBEAM's success, Lux Capital and Hatteras Funds. Best Buy Inc, and Cisco have also contributed strategic equity investments to support SiBEAM's growth. ...
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Tilera Raises $25 Million for Multicore Processors
Tilera, a start-up based in San Jose, California, closed a $25 million series-C round of investment financing for its multicore silicon. The round was oversubscribed and included funds from three new strategic investors: Broadcom, Quanta Computer and NTT Financing Corp. This brings the total venture capital investment in Tilera to $64 million.
Tilera's processors are based on its "iMesh" architecture that scales to hundreds of RISC-based cores on a single chip. Tilera has two product families, the TILE and TILEPro™, currently shipping to customers in networking, wireless infrastructure, communications and cloud computing markets. In October 2009 Tilera announced its TILE-Gx™ family, which includes the world's first 100-core processor. This line will begin sampling later this year.
Tilera also announced the appointment of Nariman Yousefi, Senior Vice President of Infrastructure Technologies at Broadcom, to the Tilera Board of Directors.
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ZTE Picks Siverge Networks' Chip for Multi-Service Access
ZTE has selected Siverge Networks' flagship "Griffin" chip for use in multi-service and wireless backhauling products.
The Griffin family of chip solutions collapses multiple systems into a single multi-service card, performing transport and aggregation functions needed to create a bridge between legacy systems and new services and networks.
In addition, Siverge Networks recently unveiled a low-cost, high-performance Universal Gateway solution for mobile backhauling infrastructure and evolving Carrier networks. The new offering, known as the "SivGate" extends the Griffin family of products, enabling cost-efficient multi-service transport and aggregation solutions -- starting with low-end wireless cell site collocation and aggregation, up to high speed complete multi-service gateway for the Access and Core. Siverge's SivGate is compliant with required physical interfaces (Ethernet, PDH, SONET/SDH), as well as complete set of associated Layer 2 data and bundling protocols (i.e. ATM/IMA and HDLC/MLPPP) along with CES and PWE3, QoS and TM. Siverge said its SivGate solutions could be used in linecards designed to fit any existing or new network equipment. ...
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