Israeli startup Siano Mobile Silicon, a developer of mobile digital TV receiver chips, has just raised a $23.5 million in funding from Jerusalem Venture Partners, DFJ Tamir Fishman, Star Ventures, Walden Israel, and Bessemer Venture Partners. This brings the startup’s total funding to $75.5 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. The company supplies its chips to Samsung, Motorola, ZTE, Huawei, Mio, Garmin, Dell and others. The new funding will be used for product development and market expansion.