Sunday, August 13, 2006

AMIMON Raises $14 Million for Wireless HDTV Chipset

AMIMON, a start-up with offices in Herzlia, Israel, Santa Clara, California and Tokyo, has raised $14 million in a second round of private venture funding for its chipset solution that allows flat-panel televisions and multimedia projectors to wirelessly interface to all HDTV video sources.

AMIMON's wireless high definition interface (WHDI) technology enables wireless transmission of uncompressed high-definition video streams in the 5GHz unlicensed band. Equivalent video data rates of up to 3Gbps (including 1080p) are achieved using 40 MHz of bandwidth in compliance with FCC regulations. Video data-rates of up to 1.5Gbps (including 1080i and 720p) can be delivered using 20MHz of bandwidth, conforming to worldwide 5GHz spectrum regulations.

The company is targeting applications such as wireless flat-panel TVs, wireless projectors, and wireless HDMI and wireless VGA repeaters (dongles).

AMIMON said its WHDI technology has been demonstrated at ranges of up to 100 feet through walls, and has a latency of less than one millisecond. All other wireless solutions are limited to delivering compressed video such as MPEG, which is typically not available at the output of most consumer electronic video devices. AMIMON's wireless high definition interface (WHDI) was recently demonstrated with SANYO Electric Company.

The latest funding brings the total investment in the company to more than $21 million. The round was led by Stata Venture Partners of Boston. Other participants in this round include Argonaut Private Equity and previous investors Cedar Fund, Walden Israel and Evergreen Partners.