Thursday, January 5, 2006

Entropic Raises $25 Million for Coax Networking Silicon

Entropic Communications, a start-up based in San Diego, raised $25 million in Series C financing for its "c.LINK" home networking digital entertainment chipset. This brings total investment in the company to $78 million. Previous investors Anthem Venture Partners, Cisco, CMEA Ventures, Comcast Interactive Capital, Dow Employees' Pension Plan, EchoStar, Intel, Mission Ventures, Motorola, Panasonic, Redpoint Ventures, Time Warner and YAS Broadband Ventures also participated in the round.

Entropic is a member of the Multimedia over Coax Alliance (MoCA), which is dedicated to proliferating the standard for delivering video over coax. Entropic recently announced shipment of its 100,000 c.LINK chipset.

See also