Israeli startup Siano Mobile Silicon, a developer of mobile digital TV receiver chips, has just raised a $20 million in funding led by Jerusalem Venture Partners. This brings the startup’s total funding to $95.5 million.

Founded in late 2004, Siano develops and markets silicon semiconductor chips for reception of digital TV on mobile, portable and hand-held devices. The company’s chips are mainly used for the implementation of mobile TV in emerging markets such as China, Brazil and Europe. In fact, Siano says it has a 50 percent market share in China and Latin America for its chipsets that allow the reception of TV on mobile devices. The company supplies its chips to Samsung, Motorola, ZTE, Huawei, Mio, Garmin, Dell and others.

The new funding will be to expand its product to the North American mobile market. The company just raised $23.5 million in funding a year ago.

Crunchbase

• SIANO

Company: Siano

Website: siano-ms.com

Launch Date: June 2004

Funding: $41.5M

Established in June, 2004, Siano develops highly integrated silicon receivers for the mobile digital TV (MDTV) market. The company cooperates with ecosystem partners for modules, middleware and software applications, as well as with multimedia and application processor makers, to deliver complete MDTV solutions. Siano’s multi-band, multi-standard solution enables handheld and mobile device makers to extend their customer base and rapidly generate revenue. Headquartered in Israel, Siano holds offices in Korea, China Mainland and Taiwan, offering sales and customer support to...

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