The firm's technology links wireless devices with LCD screens.
Wireless high definition interface (WHDI) developer Amimom Inc. has raised $10 million out of a planned $15 million third financing round. The company expects to close the round in a few months.
The company's current investors are participating in the round: Evergreen Venture Partners, Cedar Fund, Walden Israel, Argonaut Private Equity, and Stata Venture Partners, as well as strategic investor Motorola Ventures, which also invested $2 million in the company a year ago. The company has raised $33.6 million to date, including the present round.
Amimon is fabless semiconductor company that is pioneering wireless uncompressed high-definition video for universal connectivity among CE video devices. Its WHDI technology allows flat-panel televisions and multimedia projectors to wirelessly interface to all HDTV video sources at a quality equivalent to that achieved with wired interfaces such as component video, DVI and HDMI.
Published by Globes [online], Israel business news - www.globes-online.com - on February 20, 2008
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